172 Ranch View RD, Dale TX 78616

The market data from 7 similar recent sales in 78616 points to a value of approximately $321,561. To sell within a reasonable timeframe at fair market value, the $381,000 to $382,000 range is where I'd position this. Among the similar homes currently available in 78616, this price point stands out as competitive. The 251 sqft size difference versus comparable sales is reflected in the adjusted values. The 1984 construction puts this home 15 years older than the comp average, a factor in the pricing. The active market in 78616 includes 4 comparable homes priced from $330,000 to $587,000. In 78616, home values have fallen approximately 4.6% over the past 6 months. One of the strongest data points is 55 County Line RD, Dale TX 78616, adjusting to $329,193; with a larger floor plan. 7 comparable transactions in 78616 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