2227 River RD, San Marcos TX 78666

The comparable sales data (7 recent transactions in JUAN M VERAMENDI SURV #2) supports an estimated value of $202,711. The data suggests a list price between $141,000 and $151,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in JUAN M VERAMENDI SURV #2, this home would be the 3rd most expensive of 7 comparable homes on the market. The 553 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 1950 (57 years older than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in JUAN M VERAMENDI SURV #2; a buyer's market based on recent absorption. Prices in 78666 have fallen 8.8% over the last 6 months. A similar home at 209 Lockhart ST, Martindale TX 78655 carries an adjusted comparable value of $310,187, providing a strong data point. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus