145 Red Oaks DR, Dale TX 78616

The market data from 3 similar recent sales in SCARLET OAKS points to a value of approximately $250,206. To sell within a reasonable timeframe at fair market value, the $441,000 to $451,000 range is where I'd position this. With 4 comparable homes on the market in SCARLET OAKS, this price positions the property as the most affordable of 4 comparable homes on the market. At 1.25 acres, the lot is larger than the 1.13 acre comp average, which factors into pricing. With 4 similar homes currently listed in SCARLET OAKS (a buyer's market), competition is a factor to consider. In 78616, home values have fallen approximately 4% over the past 6 months. One of the strongest data points is 123 Scarlet Oaks DR, Dale TX 78616, adjusting to $116,804; with a smaller floor plan. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group