119 Ridgeway DR, San Marcos TX 78666

The estimated value of this property is $309,565, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $261,000 and $271,000. In the current COLLEGE COURTS market with 4 similar homes available, this price represents the most expensive of 4 comparable homes on the market. Built in 1972, this home is 31 years older than the average comp, which is reflected in the adjustments. The 0.51 acre lot (smaller than the 0.62 acre average) is reflected in the estimate. With 4 similar homes currently listed in COLLEGE COURTS (a buyer's market), competition is a factor to consider. Recent trends in 78666 show home values have fallen 8% since 6 months ago. The most comparable recent sale is 1333 Chestnut ST, San Marcos TX 78666, with an adjusted value of $259,232; a strong comparable. Based on 7 relevant data points in COLLEGE COURTS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX