167 Cricket Hollow RD, Dale TX 78616

After reviewing 5 recent transactions in 78616, I estimate this property's value at $500,785. A competitive list price for this home right now would fall in the $337,000 to $347,000 range. This pricing would rank the home as the most expensive of 2 comparable homes on the market in 78616's current inventory. This home's smaller footprint (518 sqft vs the comp average) plays a role in how the market prices it. Having a pool is a plus; 4 of the 5 comps lacked one. 2 similar homes are currently available in 78616, creating a buyer's market for this price range. Prices in 78616 have risen 3.9% over the last 6 months. A similar home at 2255 Old Colony Line RD, Lockhart TX 78644 carries an adjusted comparable value of $491,934, providing a strong data point. With 5 comparable sales in 78616, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group