766 Royal DR, Dale TX 78616

The estimated value of this property is $331,898, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $422,000 and $491,000. In the current 78616 market with 4 similar homes available, this price represents the 2nd least expensive of 4 comparable homes on the market. The 277 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 2000, this home is 8 years newer than the average comp, which is reflected in the adjustments. The active market in 78616 includes 4 comparable homes priced from $329,900 to $1,130,000. Recent trends in 78616 show home values have fallen 2.9% since 6 months ago. The most comparable recent sale is 400 Hazelnut DR, Dale TX 78616, with an adjusted value of $259,451; with a larger floor plan. 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