284 County Line RD, Dale TX 78616

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $219,191. I'd recommend coming to market at $249,000 to $285,000 to strike the right balance between value and market velocity. With 3 comparable homes on the market in 78616, this price positions the property as the most affordable of 3 comparable homes on the market. This home's smaller footprint (1,085 sqft vs the comp average) plays a role in how the market prices it. Built in 1924, this home is 70 years older than the average comp, which is reflected in the adjustments. 3 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. 92 Sunrise ST, Lytton Springs TX 78616 nearby adjusts to $187,746; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group