51 Hanging Oak RD, Dale TX 78616

7 recent sales in the surrounding area of this address suggest a current value of $317,165. My recommended list price range for this property would be $392,000 to $413,000. With 4 comparable homes on the market in 78616, this price positions the property as the most affordable of 4 comparable homes on the market. At 675 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 1970, this home is 31 years older than the average comp, which is reflected in the adjustments. Right now, 4 similar properties are competing for buyers in 78616, listed between $375,000 and $875,000. In 78616, home values have fallen approximately 8.6% over the past 6 months. One of the strongest data points is 400 Hazelnut DR, Dale TX 78616, adjusting to $262,258; a strong comparable. With 7 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