505 Spring River DR, Martindale TX 78655

After reviewing 7 recent transactions in SPRING RIVER ESTATES, I estimate this property's value at $300,382. A competitive list price for this home right now would fall in the $219,000 to $229,000 range. Buyers shopping in SPRING RIVER ESTATES right now would see this as a well positioned option among 7 comparable homes. At 18 years older than typical comps, the 1995 build date influences the valuation. The larger lot (0.50 acres versus the area average of 0.25) contributes to the valuation. Right now, 7 similar properties are competing for buyers in SPRING RIVER ESTATES, listed between $219,900 and $410,000. Prices in 78655 have risen 3.7% over the last 6 months. A similar home at 282 Spring River DR, Martindale TX 78655 carries an adjusted comparable value of $302,243, providing a strong data point. With 7 comparable sales in SPRING RIVER ESTATES, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group