175 Meadow Brook ST, Dale TX 78616

The estimated value of this property is $281,229, based on 6 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $304,000 and $325,000. With 1 comparable homes on the market in 78616, this price positions the property as below the only comparable home currently on the market. The smaller floor plan (173 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2007, this home is 7 years older than the average comp, which is reflected in the adjustments. Right now, 1 similar properties are competing for buyers in 78616, listed between $339,000 and $339,000. Recent trends in 78616 show home values have fallen 4.6% since 6 months ago. The most comparable recent sale is 1766 Sandy Creek RD, Red Rock TX 78616, with an adjusted value of $283,798; with a smaller floor plan. With 6 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group