2008 Fm 812, Dale TX 78616

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $429,416. I'd recommend coming to market at $417,000 to $442,000 to strike the right balance between value and market velocity. Against 1 similar active listings in 78616, this price point lands at below the only comparable home currently on the market. The 424 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1982, this home is 26 years older than the average comp, which is reflected in the adjustments. With 1 similar homes currently listed in 78616 (a buyer's market), competition is a factor to consider. The trend in 78616 shows prices have fallen 4.8% in the past 6 months. 243 Texas Oak DR, Cedar Creek TX 78612 nearby adjusts to $370,908; 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