340 Rianna Woods DR, Dale TX 78616

The market data from 7 similar recent sales in RIANNA WOODS points to a value of approximately $382,954. To sell within a reasonable timeframe at fair market value, the $249,000 to $259,000 range is where I'd position this. With 3 comparable homes on the market in RIANNA WOODS, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. The 2010 construction puts this home 7 years newer than the comp average, a factor in the pricing. At 5.00 acres, the lot is larger than the 2.63 acre comp average, which factors into pricing. There are currently 3 similar homes on the market in RIANNA WOODS, ranging from $240,000 to $859,500. In 78616, home values have fallen approximately 4.6% over the past 6 months. One of the strongest data points is 112 Spring Creek CV, Cedar Creek TX 78612, adjusting to $399,162; with a smaller floor plan. 7 comparable transactions in RIANNA WOODS 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