280 The Forest, Dale TX 78616

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $281,097. To generate strong buyer interest while maximizing value, I'd price this between $317,000 and $352,000. Against 2 similar active listings in 78616, this price point lands at the most affordable of 2 comparable homes on the market. This home's larger footprint (368 sqft vs the comp average) plays a role in how the market prices it. The 1994 construction puts this home 7 years older than the comp average, a factor in the pricing. 2 similar homes are currently available in 78616, creating a buyer's market for this price range. The trend in 78616 shows prices have fallen 4.6% in the past 6 months. 123 Scarlet Oaks DR, Dale TX 78616 nearby adjusts to $117,380; with a smaller floor plan. The 7 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