7329 Fm 20, Dale TX 78616

After reviewing 4 recent transactions in 78616, I estimate this property's value at $349,405. A competitive list price for this home right now would fall in the $339,000 to $360,000 range. Buyers shopping in 78616 right now would see this as a well positioned option among 4 comparable homes. At 628 sqft larger than the typical comp, the size difference factors into the valuation. At 16 years older than typical comps, the 1995 build date influences the valuation. With 4 similar homes currently listed in 78616 (a buyer's market), competition is a factor to consider. Prices in 78616 have fallen 4.6% over the last 6 months. A similar home at 154 Caracara LN, Dale TX 78616 carries an adjusted comparable value of $378,300, providing a strong data point. With 4 comparable sales in 78616, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group