230 The Forest RD, Dale TX 78616

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $277,913. I'd recommend coming to market at $270,000 to $286,000 to strike the right balance between value and market velocity. With 1 comparable homes on the market in FOREST, this price positions the property as below the only comparable home currently on the market. The 289 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1988, this home is 8 years older than the average comp, which is reflected in the adjustments. 1 similar homes are currently available in FOREST, creating a buyer's market for this price range. The trend in 78616 shows prices have fallen 5.8% in the past 6 months. 564 Riddle RD, Cedar Creek TX 78612 nearby adjusts to $263,008; with a pool. Based on 7 relevant data points in FOREST, 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