162 Fm 672, Dale TX 78616

Reviewing the most recent comparable transactions, this home's market value falls around $352,572. For a well positioned listing in UNRESTRICTED PROPERTY, I'd target the $412,000 to $471,000 range. In the current UNRESTRICTED PROPERTY market with 4 similar homes available, this price represents the 2nd least expensive of 4 comparable homes on the market. This home's larger footprint (372 sqft vs the comp average) plays a role in how the market prices it. The 1988 construction puts this home 12 years older than the comp average, a factor in the pricing. Right now, 4 similar properties are competing for buyers in UNRESTRICTED PROPERTY, listed between $316,900 and $825,000. Recent trends in 78616 show home values have fallen 4.6% since 6 months ago. The most comparable recent sale is 425 High View Ranch DR, Cedar Creek TX 78612, with an adjusted value of $366,014; a strong comparable. 7 comparable transactions in UNRESTRICTED PROPERTY support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group