534 Fm 672, Dale TX 78616

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $332,085. I'd recommend coming to market at $322,000 to $342,000 to strike the right balance between value and market velocity. With 4 comparable homes on the market in PECK, NATHANIEL, this price positions the property as the most affordable of 4 comparable homes on the market. The larger floor plan (170 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1986, this home is 11 years older than the average comp, which is reflected in the adjustments. Current inventory shows 4 comparable homes in PECK, NATHANIEL; a buyer's market based on recent absorption. The trend in 78616 shows prices have fallen 4.6% in the past 6 months. 105 Alum Creek DR, Cedar Creek TX 78612 nearby adjusts to $224,109; with a smaller floor plan. Based on 7 relevant data points in PECK, NATHANIEL, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX