295 Legend Oaks DR, Dale TX 78616

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $236,837. To generate strong buyer interest while maximizing value, I'd price this between $311,000 and $327,000. Against 3 similar active listings in 78616, this price point lands at the most affordable of 3 comparable homes on the market. The 1999 construction puts this home 10 years older than the comp average, a factor in the pricing. At 1.21 acres, the lot is larger than the 0.98 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in 78616; a buyer's market based on recent absorption. The trend in 78616 shows prices have fallen 4.6% in the past 6 months. 135 Petirrojo CT, Del Valle TX 78617 nearby adjusts to $136,040; a strong comparable. 7 comparable transactions in 78616 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group