361 MARGARITA ST, Dale TX 78616

After reviewing 3 recent transactions in LOS MILAGROS, I estimate this property's value at $272,169. A competitive list price for this home right now would fall in the $225,000 to $235,000 range. Buyers shopping in LOS MILAGROS right now would see this as a well positioned option among 4 comparable homes. Being 139 sqft smaller than the average comparable sale in this area impacts the per square foot value. With 4 similar homes currently listed in LOS MILAGROS (a buyer's market), competition is a factor to consider. Prices in LOS MILAGROS have fallen 6.3% over the last 6 months. A similar home at 141 Plumeria DR, Dale TX 78616 carries an adjusted comparable value of $253,703, 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