376 Forister Ranch DR, Dale TX 78616

Reviewing the most recent comparable transactions, this home's market value falls around $310,474. For a well positioned listing in FORISTER RANCH, I'd target the $350,000 to $448,000 range. With 1 comparable homes on the market in FORISTER RANCH, this price positions the property as below the only comparable home currently on the market. This home's smaller footprint (1,035 sqft vs the comp average) plays a role in how the market prices it. At 1.03 acres, the lot is smaller than the 26.08 acre comp average, which factors into pricing. Current inventory shows 1 comparable homes in FORISTER RANCH; a buyer's market based on recent absorption. Recent trends in 78616 show home values have fallen 4.6% since 6 months ago. The most comparable recent sale is 400 Hazelnut DR, Dale TX 78616, with an adjusted value of $235,003; a strong comparable. The 6 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group