151 Wood Hollow DR, Dale TX 78616

The market data from 6 similar recent sales in 78616 points to a value of approximately $414,717. To sell within a reasonable timeframe at fair market value, the $402,000 to $427,000 range is where I'd position this. Against 2 similar active listings in 78616, this price point lands at the most expensive of 2 comparable homes on the market. This home's larger footprint (174 sqft vs the comp average) plays a role in how the market prices it. The pool is a differentiator here, since 6 of 6 comparable sales didn't include one. With 2 similar homes currently listed in 78616 (a buyer's market), competition is a factor to consider. In 78616, home values have fallen approximately 3.1% over the past 6 months. One of the strongest data points is 120 Green Mountain DR, Cedar Creek TX 78612, adjusting to $366,313; with no pool. The 6 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