255 Alexandra LN, Dale TX 78616

Reviewing the most recent comparable transactions, this home's market value falls around $367,504. For a well positioned listing in MOSES GAGE SURV A-8, I'd target the $314,000 to $324,000 range. With 3 comparable homes on the market in MOSES GAGE SURV A-8, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. At 673 sqft smaller than the typical comp, the size difference factors into the valuation. The 2004 construction puts this home 10 years older than the comp average, a factor in the pricing. Right now, 3 similar properties are competing for buyers in MOSES GAGE SURV A-8, listed between $296,999 and $640,000. Recent trends in 78616 show home values have fallen 8.6% since 6 months ago. The most comparable recent sale is 6265 Fm 713, Dale TX 78616, with an adjusted value of $271,813; with a larger floor plan. The 3 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