198 Scarlet Oaks DR, Dale TX 78616

The comparable sales data (5 recent transactions in SCARLET OAKS) supports an estimated value of $311,079. The data suggests a list price between $186,000 and $196,000 would attract qualified buyers without leaving money on the table. This home's position in the current SCARLET OAKS market: the 2nd most expensive of 4 comparable homes on the market among comparable properties. Lot size matters here: 3.04 acres versus 2.11 for the typical comp. Current inventory shows 4 comparable homes in SCARLET OAKS; a buyer's market based on recent absorption. Prices in 78616 have fallen 4.5% over the last 6 months. A similar home at 112 Spring Creek CV, Cedar Creek TX 78612 carries an adjusted comparable value of $350,669, providing a strong data point. The strength of this estimate comes from 5 directly comparable sales in SCARLET OAKS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group