893 Molasses RD, Dale TX 78616

My analysis of 3 comparable properties puts this home's estimated value at $296,754. Based on how the local market is moving, a list price between $288,000 and $306,000 would position this home well. Relative to what's currently available in 78616, this home would be the most affordable of 2 comparable homes on the market. This home's larger footprint (240 sqft vs the comp average) plays a role in how the market prices it. At 31 years older than typical comps, the 1978 build date influences the valuation. 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 4.6%. The best comp here is 6265 Fm 713, Dale TX 78616 at an adjusted value of $266,025, a strong comparable. With 3 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