1295 Martindale Falls RD, Martindale TX 78655

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $266,775. I'd recommend coming to market at $321,000 to $393,000 to strike the right balance between value and market velocity. With 2 comparable homes on the market in 78655, this price positions the property as the most affordable of 2 comparable homes on the market. At 123 sqft larger than the typical comp, the size difference factors into the valuation. Built in 1997, this home is 18 years older than the average comp, which is reflected in the adjustments. 2 similar homes are currently available in 78655, creating a buyer's market for this price range. The trend in 78655 shows prices have risen 3.7% in the past 6 months. 279 Shelley LN, San Marcos TX 78666 nearby adjusts to $175,059; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group