1407 River RD, San Marcos TX 78666

My analysis of 7 comparable properties puts this home's estimated value at $227,862. Based on how the local market is moving, a list price between $170,000 and $180,000 would position this home well. This home's position in the current BLANCO TERRACE market: the 2nd most expensive of 5 comparable homes on the market among comparable properties. This home's smaller footprint (117 sqft vs the comp average) plays a role in how the market prices it. At 6 years older than typical comps, the 1999 build date influences the valuation. 5 similar homes are currently available in BLANCO TERRACE, creating a buyer's market for this price range. The 6 month price trend in 78666: fallen 9.8%. The best comp here is 1417 River RD, San Marcos TX 78666 at an adjusted value of $163,776, with a larger floor plan. With 7 comparable sales in BLANCO TERRACE, 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