9299 Fm 20, Dale TX 78616

The market data from 7 similar recent sales in 78616 points to a value of approximately $390,387. To sell within a reasonable timeframe at fair market value, the $490,000 to $573,000 range is where I'd position this. At this price, the property would be the most affordable of 3 comparable homes on the market comparable homes currently on the market in 78616. The 252 sqft size difference versus comparable sales is reflected in the adjusted values. The 1995 construction puts this home 17 years older than the comp average, a factor in the pricing. Buyers in 78616 have 3 comparable options right now, with asking prices between $584,900 and $830,000. In 78616, home values have fallen approximately 3% over the past 6 months. One of the strongest data points is 340 Red Hawk DR, Dale TX 78616, adjusting to $488,092; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group