608 Fm 1979, Martindale TX 78655

The market data from 7 similar recent sales in 78655 points to a value of approximately $181,802. To sell within a reasonable timeframe at fair market value, the $176,000 to $187,000 range is where I'd position this. Against 7 similar active listings in 78655, this price point lands at the 2nd least expensive of 7 comparable homes on the market. The 1910 construction puts this home 110 years older than the comp average, a factor in the pricing. At 0.17 acres, the lot is smaller than the 0.38 acre comp average, which factors into pricing. The active market in 78655 includes 7 comparable homes priced from $184,999 to $420,000. In 78655, home values have risen approximately 3.7% over the past 6 months. One of the strongest data points is 313 Trinity River HOLW, San Marcos TX 78666, adjusting to $166,787; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group