288 The Forest RD, Dale TX 78616

The estimated value of this property is $320,515, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $244,000 and $254,000. Against 4 similar active listings in BASTROP RURAL, this price point lands at the 2nd most expensive of 4 comparable homes on the market. At 109 sqft larger than the typical comp, the size difference factors into the valuation. Built in 1995, this home is 5 years older than the average comp, which is reflected in the adjustments. The active market in BASTROP RURAL includes 4 comparable homes priced from $240,000 to $859,500. Recent trends in 78616 show home values have fallen 3.1% since 6 months ago. The most comparable recent sale is 105 Alum Creek DR, Cedar Creek TX 78612, with an adjusted value of $206,105; 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