361 Old San Antonio RD, Dale TX 78616

Based on 4 closed sales in SCARLET OAKS, the data points to a value around $198,412 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $302,000 to $313,000. This home's position in the current SCARLET OAKS market: the most affordable of 3 comparable homes on the market among comparable properties. The smaller floor plan (168 sqft compared to the average comp) is a meaningful differentiator in this price range. Lot size matters here: 1.05 acres versus 1.00 for the typical comp. Current inventory shows 3 comparable homes in SCARLET OAKS; a buyer's market based on recent absorption. Market data shows 78616 prices fallen 4.6% over the last half year. The closest comparable sale, 123 Scarlet Oaks DR, Dale TX 78616 at an adjusted $112,300, is with a smaller floor plan. The strength of this estimate comes from 4 directly comparable sales in SCARLET OAKS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group