294 Margarita DR, Dale TX 78616

After reviewing 3 recent transactions in LOS MILAGROS, I estimate this property's value at $304,456. A competitive list price for this home right now would fall in the $231,000 to $241,000 range. This pricing would rank the home as the most expensive of 4 comparable homes on the market in LOS MILAGROS's current inventory. The larger lot (0.40 acres versus the area average of 0.35) contributes to the valuation. The active market in LOS MILAGROS includes 4 comparable homes priced from $235,000 to $289,900. Prices in LOS MILAGROS have fallen 1.3% over the last 6 months. A similar home at 194 Tulipan LN, Dale TX 78616 carries an adjusted comparable value of $283,100, providing a strong data point. With 3 comparable sales in LOS MILAGROS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group