124 Spring RD, Hays TX 78666

Reviewing the most recent comparable transactions, this home's market value falls around $302,270. For a well positioned listing in 78666, I'd target the $224,000 to $234,000 range. In the current 78666 market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. The 1929 construction puts this home 76 years older than the comp average, a factor in the pricing. At 3.08 acres, the lot is larger than the 0.60 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in 78666; a buyer's market based on recent absorption. Recent trends in 78666 show home values have fallen 7.8% since 6 months ago. The most comparable recent sale is 413 Shadow PT, San Marcos TX 78666, with an adjusted value of $257,100; a strong comparable. 7 comparable transactions in 78666 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group