308 NW River RD, Martindale TX 78655

The market data from 7 similar recent sales in 78655 points to a value of approximately $277,441. To sell within a reasonable timeframe at fair market value, the $223,000 to $233,000 range is where I'd position this. Among the similar homes currently available in 78655, this price point stands out as competitive. The 1984 construction puts this home 29 years older than the comp average, a factor in the pricing. At 0.51 acres, the lot is larger than the 0.25 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in 78655, listed between $223,990 and $544,900. In 78655, home values have risen approximately 3.7% over the past 6 months. One of the strongest data points is 1157 Lago Vista ST, San Marcos TX 78666, adjusting to $370,739; a strong comparable. 7 comparable transactions in 78655 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