1612 Ramona CIR, San Marcos TX 78666

The market data from 7 similar recent sales in OAK KNOLL points to a value of approximately $291,630. To sell within a reasonable timeframe at fair market value, the $138,000 to $148,000 range is where I'd position this. Against 4 similar active listings in OAK KNOLL, this price point lands at the most expensive of 4 comparable homes on the market. The 1998 construction puts this home 6 years newer than the comp average, a factor in the pricing. At 0.30 acres, the lot is larger than the 0.20 acre comp average, which factors into pricing. The active market in OAK KNOLL includes 4 comparable homes priced from $150,000 to $283,500. In 78666, home values have fallen approximately 12.6% over the past 6 months. One of the strongest data points is 1715 Ramona CIR, San Marcos TX 78666, adjusting to $268,463; 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