340 Spring River DR, Martindale TX 78655

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $203,347. I'd recommend coming to market at $203,000 to $210,000 to strike the right balance between value and market velocity. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in SPRING RIVER ESTATES. Built in 1984, this home is 29 years older than the average comp, which is reflected in the adjustments. The 0.36 acre lot (smaller than the 0.41 acre average) is reflected in the estimate. With 7 similar homes currently listed in SPRING RIVER ESTATES (a buyer's market), competition is a factor to consider. The trend in 78655 shows prices have risen 3.7% in the past 6 months. 216 Navidad River DR, San Marcos TX 78666 nearby adjusts to $197,437; 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