3450 PETTYTOWN RD, Dale TX 78616

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $338,695. I'd recommend coming to market at $493,000 to $587,000 to strike the right balance between value and market velocity. Against 2 similar active listings in 78616, this price point lands at the most affordable of 2 comparable homes on the market. The smaller floor plan (590 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2001, this home is 10 years older than the average comp, which is reflected in the adjustments. 2 similar homes are currently available in 78616, creating a buyer's market for this price range. The trend in 78616 shows prices have fallen 4.6% in the past 6 months. 255 Alexandra LN, Dale TX 78616 nearby adjusts to $314,276; a strong comparable. With 4 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