150 Scarlet Harts LN, Dale TX 78616

My analysis of 7 comparable properties puts this home's estimated value at $321,806. Based on how the local market is moving, a list price between $240,000 and $250,000 would position this home well. Relative to what's currently available in SCARLET OAKS, this home would be the 2nd most expensive of 3 comparable homes on the market. The 101 sqft size difference versus comparable sales is reflected in the adjusted values. The smaller lot (1.00 acres versus the area average of 3.92) contributes to the valuation. Current inventory shows 3 comparable homes in SCARLET OAKS; a buyer's market based on recent absorption. The 6 month price trend in 78616: fallen 4.6%. The best comp here is 123 Scarlet Oaks DR, Dale TX 78616 at an adjusted value of $118,400, with a smaller floor plan. The comp data here (7 sales in SCARLET OAKS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus