164 Pearson RD, Dale TX 78616

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $278,902. To generate strong buyer interest while maximizing value, I'd price this between $141,000 and $151,000. With 2 comparable homes on the market in PEARSON RANCHES, this price positions the property as the most expensive of 2 comparable homes on the market. The smaller floor plan (771 sqft compared to the average comp) is a meaningful differentiator in this price range. At 1.51 acres, the lot is smaller than the 2.64 acre comp average, which factors into pricing. With 2 similar homes currently listed in PEARSON RANCHES (a buyer's market), competition is a factor to consider. The trend in 78616 shows prices have fallen 4.6% in the past 6 months. 123 Scarlet Oaks DR, Dale TX 78616 nearby adjusts to $85,167; with a larger floor plan. 7 comparable transactions in PEARSON RANCHES 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