702 River Hills DR, San Marcos TX 78666

The market data from 7 similar recent sales in RIVER HILLS #2 points to a value of approximately $163,635. To sell within a reasonable timeframe at fair market value, the $193,000 to $203,000 range is where I'd position this. Against 7 similar active listings in RIVER HILLS #2, this price point lands at the most affordable of 7 comparable homes on the market. The 1980 construction puts this home 35 years older than the comp average, a factor in the pricing. At 0.47 acres, the lot is larger than the 0.27 acre comp average, which factors into pricing. With 7 similar homes currently listed in RIVER HILLS #2 (a buyer's market), competition is a factor to consider. In 78666, home values have fallen approximately 7.8% over the past 6 months. One of the strongest data points is 229 Trinity River HOLW, San Marcos TX 78666, adjusting to $168,489; a strong comparable. 7 comparable transactions in RIVER HILLS #2 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group