197 Thomas DR, Martindale TX 78655

Reviewing the most recent comparable transactions, this home's market value falls around $292,475. For a well positioned listing in HOPSON RANCH ESTATES, I'd target the $195,000 to $205,000 range. In the current HOPSON RANCH ESTATES market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. Being 104 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 1999 construction puts this home 9 years older than the comp average, a factor in the pricing. Buyers in HOPSON RANCH ESTATES have 7 comparable options right now, with asking prices between $184,999 and $420,000. Recent trends in 78655 show home values have risen 3.7% since 6 months ago. The most comparable recent sale is 233 Thomas DR, Martindale TX 78655, with an adjusted value of $361,382; with a larger floor plan. 7 comparable transactions in HOPSON RANCH ESTATES 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