8729 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 $339,433. I'd recommend coming to market at $265,000 to $275,000 to strike the right balance between value and market velocity. Against 3 similar active listings in 78616, this price point lands at the most expensive of 3 comparable homes on the market. The smaller floor plan (232 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2014, this home is 39 years newer than the average comp, which is reflected in the adjustments. Buyers in 78616 have 3 comparable options right now, with asking prices between $234,999 and $875,000. The trend in 78616 shows prices have fallen 11.4% in the past 6 months. 4155 Barth RD, Lockhart TX 78644 nearby adjusts to $344,857; with a smaller floor plan. Based on 3 relevant data points in 78616, 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