2809 Highway 21 W, Dale TX 78616

Reviewing the most recent comparable transactions, this home's market value falls around $256,421. For a well positioned listing in PORTILLO, I'd target the $249,000 to $264,000 range. In the current PORTILLO market with 1 similar homes available, this price represents below the only comparable home currently on the market. The 1975 construction puts this home 36 years older than the comp average, a factor in the pricing. At 1.25 acres, the lot is larger than the 1.02 acre comp average, which factors into pricing. Right now, 1 similar properties are competing for buyers in PORTILLO, listed between $350,000 and $350,000. Recent trends in 78616 show home values have fallen 4.6% since 6 months ago. The most comparable recent sale is 106 Brown Pelican DR, Del Valle TX 78617, with an adjusted value of $197,601; with a larger 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