298 The Forest RD, Dale TX 78616

My analysis of 7 comparable properties puts this home's estimated value at $354,325. Based on how the local market is moving, a list price between $394,000 and $400,000 would position this home well. This pricing would rank the home as the most expensive of 2 comparable homes on the market in FOREST's current inventory. At 5 years older than typical comps, the 1995 build date influences the valuation. The smaller lot (2.01 acres versus the area average of 3.62) contributes to the valuation. 2 similar homes are currently available in FOREST, creating a buyer's market for this price range. The 6 month price trend in 78616: fallen 4.6%. The best comp here is 105 Alum Creek DR, Cedar Creek TX 78612 at an adjusted value of $253,246, with a smaller floor plan. With 7 comparable sales in FOREST, 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