204 Scarlet Oaks DR, Dale TX 78616

Based on 3 closed sales in SCARLET OAKS, the data points to a value around $234,554 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $332,000 to $435,000. Relative to what's currently available in SCARLET OAKS, this home would be the most affordable of 3 comparable homes on the market. Being built in 1998 (5 years older than comps) is factored into the value estimate. Lot size matters here: 1.36 acres versus 1.04 for the typical comp. With 3 similar homes currently listed in SCARLET OAKS (a buyer's market), competition is a factor to consider. Market data shows 78616 prices fallen 4.6% over the last half year. The closest comparable sale, 123 Scarlet Oaks DR, Dale TX 78616 at an adjusted $113,490, is with a smaller floor plan. The strength of this estimate comes from 3 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