190 Meadowwood LN, Dale TX 78616

The estimated value of this property is $284,029, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $276,000 and $293,000. Against 1 similar active listings in MEADOWWOOD, this price point lands at below the only comparable home currently on the market. Built in 1988, this home is 11 years older than the average comp, which is reflected in the adjustments. The 2.12 acre lot (larger than the 1.48 acre average) is reflected in the estimate. 1 similar homes are currently available in MEADOWWOOD, creating a buyer's market for this price range. Recent trends in 78616 show home values have fallen 4.6% since 6 months ago. The most comparable recent sale is 308 Riddle RD, Cedar Creek TX 78612, with an adjusted value of $376,767; a strong comparable. With 7 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