313 River Hills DR, San Marcos TX 78666

After reviewing 7 recent transactions in RIVER HILLS #2, I estimate this property's value at $250,562. A competitive list price for this home right now would fall in the $246,000 to $256,000 range. Relative to what's currently available in RIVER HILLS #2, this home would be the most expensive of 7 comparable homes on the market. At 24 years older than typical comps, the 1970 build date influences the valuation. The larger lot (0.58 acres versus the area average of 0.17) contributes to the valuation. The active market in RIVER HILLS #2 includes 7 comparable homes priced from $99,000 to $350,000. Prices in 78666 have fallen 5.2% over the last 6 months. A similar home at 904 Conway DR, San Marcos TX 78666 carries an adjusted comparable value of $218,077, providing a strong data point. With 7 comparable sales in RIVER HILLS #2, 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