161 Oak Arbor TRL, Dale TX 78616

After reviewing 7 recent transactions in LEGEND OAKS PHASE ONE, I estimate this property's value at $182,401. A competitive list price for this home right now would fall in the $235,000 to $247,000 range. This home's position in the current LEGEND OAKS PHASE ONE market: the most affordable of 3 comparable homes on the market among comparable properties. The smaller floor plan (348 sqft compared to the average comp) is a meaningful differentiator in this price range. At 17 years older than typical comps, the 1984 build date influences the valuation. The active market in LEGEND OAKS PHASE ONE includes 3 comparable homes priced from $220,000 to $272,000. Prices in 78616 have fallen 4.6% over the last 6 months. A similar home at 205 Oak Forest DR, Cedar Creek TX 78612 carries an adjusted comparable value of $183,016, providing a strong data point. The comp data here (7 sales in LEGEND OAKS PHASE ONE) 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