28 Rains LN, Dale TX 78616

My analysis of 3 comparable properties puts this home's estimated value at $423,630. Based on how the local market is moving, a list price between $421,000 and $584,000 would position this home well. This home's position in the current 78616 market: no active comparable homes on the market among comparable properties. At 779 sqft larger than the typical comp, the size difference factors into the valuation. The smaller lot (5.61 acres versus the area average of 9.89) contributes to the valuation. The 6 month price trend in 78616: risen 7.8%. The best comp here is 1021 Lewis LN, Harwood TX 78632 at an adjusted value of $420,740, with a smaller floor plan. The comp data here (3 sales in 78616) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus