705 Thompson RD, Dale TX 78616

Taking into account 3 nearby comparable sales, this property's estimated value comes to $492,592. If we were to list this property today, I'd recommend a list price in the $478,000 to $507,000 range. This home's position in the current 78616 market: the most affordable of 2 comparable homes on the market among comparable properties. The larger floor plan (1,056 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 2022 (27 years newer than comps) is factored into the value estimate. 2 similar homes are currently available in 78616, creating a buyer's market for this price range. The 6 month price trend in 78616: fallen 1.7%. The best comp here is 340 Red Hawk DR, Dale TX 78616 at an adjusted value of $558,465, with a smaller floor plan. The strength of this estimate comes from 3 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