200 Oak Arbor, Dale TX 78616

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $370,667. I'd recommend coming to market at $360,000 to $382,000 to strike the right balance between value and market velocity. In the current 78616 market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. The 183 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 2003, this home is 13 years older than the average comp, which is reflected in the adjustments. 3 similar homes are currently available in 78616, creating a buyer's market for this price range. The trend in 78616 shows prices have fallen 4.6% in the past 6 months. 287 La Fortuna DR, Del Valle TX 78617 nearby adjusts to $464,862; with a smaller floor plan. Based on 7 relevant data points in 78616, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX