2499 Fm 1854, Dale TX 78616

After reviewing 4 recent transactions in 78616, I estimate this property's value at $307,199. A competitive list price for this home right now would fall in the $233,000 to $243,000 range. This would position the home competitively among 3 active listings in 78616. Being 421 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 24 years older than typical comps, the 1996 build date influences the valuation. The active market in 78616 includes 3 comparable homes priced from $234,999 to $475,000. Prices in 78616 have fallen 3.1% over the last 6 months. A similar home at 255 Thompson RD, Dale TX 78616 carries an adjusted comparable value of $304,689, providing a strong data point. With 4 comparable sales in 78616, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group