400 Hazelnut DR, Dale TX 78616

The market data from 5 similar recent sales in FORISTER RANCH points to a value of approximately $301,966. To sell within a reasonable timeframe at fair market value, the $296,000 to $308,000 range is where I'd position this. Against 2 similar active listings in FORISTER RANCH, this price point lands at the most expensive of 2 comparable homes on the market. This home's smaller footprint (125 sqft vs the comp average) plays a role in how the market prices it. At 1.03 acres, the lot is smaller than the 8.36 acre comp average, which factors into pricing. Buyers in FORISTER RANCH have 2 comparable options right now, with asking prices between $299,000 and $425,000. In FORISTER RANCH, home values have fallen approximately 4.5% over the past 6 months. One of the strongest data points is 435 Still Meadow DR, Dale TX 78616, adjusting to $277,750; with a smaller floor plan. The 5 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