708 River Hills DR, San Marcos TX 78666

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $231,800. I'd recommend coming to market at $187,000 to $197,000 to strike the right balance between value and market velocity. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in RIVER HILLS. Built in 1983, this home is 19 years older than the average comp, which is reflected in the adjustments. The 0.47 acre lot (larger than the 0.15 acre average) is reflected in the estimate. With 7 similar homes currently listed in RIVER HILLS (a buyer's market), competition is a factor to consider. The trend in 78666 shows prices have fallen 9.6% in the past 6 months. 102 Lockwood ST, San Marcos TX 78666 nearby adjusts to $116,386; a strong comparable. Based on 7 relevant data points in RIVER HILLS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX