9703 Fm 20, Dale TX 78616

Based on 7 closed sales in 78616, the data points to a value around $280,883 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $216,000 to $226,000. This would position the home competitively among 6 active listings in 78616. Being built in 1986 (24 years older than comps) is factored into the value estimate. Lot size matters here: 8.79 acres versus 2.55 for the typical comp. Buyers in 78616 have 6 comparable options right now, with asking prices between $234,999 and $620,900. Market data shows 78616 prices fallen 4.6% over the last half year. The closest comparable sale, 135 Spanish Oak RD, Dale TX 78616 at an adjusted $310,715, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78616. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group