512 Terra Alta Ranch RD, Dale TX 78616

The comparable sales data (7 recent transactions in 78616) supports an estimated value of $310,421. The data suggests a list price between $203,000 and $213,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the 2nd most expensive of 4 comparable homes on the market in 78616's current inventory. This home's smaller footprint (261 sqft vs the comp average) plays a role in how the market prices it. Being built in 2007 (9 years newer than comps) is factored into the value estimate. Right now, 4 similar properties are competing for buyers in 78616, listed between $195,000 and $385,000. Prices in 78616 have fallen 4.6% over the last 6 months. A similar home at 400 Hazelnut DR, Dale TX 78616 carries an adjusted comparable value of $247,476, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in 78616. 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