175 Old Colony Line RD, Dale TX 78616

After reviewing 6 recent transactions in 78616, I estimate this property's value at $313,967. A competitive list price for this home right now would fall in the $338,000 to $527,000 range. Buyers shopping in 78616 right now would see this as a well positioned option among 1 comparable homes. At 12 years older than typical comps, the 2002 build date influences the valuation. The smaller lot (3.00 acres versus the area average of 4.34) contributes to the valuation. With 1 similar homes currently listed in 78616 (a buyer's market), competition is a factor to consider. Prices in 78616 have fallen 4.6% over the last 6 months. A similar home at 139 Azalea CT, Dale TX 78616 carries an adjusted comparable value of $297,133, providing a strong data point. The comp data here (6 sales in 78616) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus