193 OAK ARBOR, Dale TX 78616

My analysis of 7 comparable properties puts this home's estimated value at $289,968. Based on how the local market is moving, a list price between $373,000 and $392,000 would position this home well. This home's position in the current 78616 market: the most affordable of 3 comparable homes on the market among comparable properties. The 387 sqft size difference versus comparable sales is reflected in the adjusted values. At 17 years older than typical comps, the 2002 build date influences the valuation. 3 similar homes are currently available in 78616, creating a buyer's market for this price range. The 6 month price trend in 78616: fallen 4.6%. The best comp here is 222 Legend Oaks DR, Dale TX 78616 at an adjusted value of $245,475, with a smaller floor plan. With 7 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