2235 Dale LN, Dale TX 78616

The market data from 4 similar recent sales in 78616 points to a value of approximately $354,285. To sell within a reasonable timeframe at fair market value, the $344,000 to $365,000 range is where I'd position this. In the current 78616 market with 1 similar homes available, this price represents below the only comparable home currently on the market. Being 196 sqft smaller than the average comparable sale in this area impacts the per square foot value. The pool is a differentiator here, since 4 of 4 comparable sales didn't include one. Current inventory shows 1 comparable homes in 78616; a buyer's market based on recent absorption. In 78616, home values have fallen approximately 4.6% over the past 6 months. One of the strongest data points is 747 Chamberlin RD, Dale TX 78616, adjusting to $101,388; with a smaller floor plan and no pool. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group