1716 Ramona CIR, San Marcos TX 78666

The estimated value of this property is $320,013, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $238,000 and $248,000. With 7 comparable homes on the market in OAK KNOLL, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. The larger floor plan (120 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1996, this home is 8 years older than the average comp, which is reflected in the adjustments. There are currently 7 similar homes on the market in OAK KNOLL, ranging from $230,000 to $575,000. Recent trends in 78666 show home values have fallen 9% since 6 months ago. The most comparable recent sale is 2033 Northview DR, San Marcos TX 78666, with an adjusted value of $323,152; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group