961 Ridge 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 $292,645. I'd recommend coming to market at $284,000 to $301,000 to strike the right balance between value and market velocity. At this price, the property would be no active comparable homes on the market comparable homes currently on the market in SOUTHRIDGE ESTATES. Being 231 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 1982, this home is 16 years older than the average comp, which is reflected in the adjustments. The trend in 78666 shows prices have fallen 13% in the past 6 months. 227 Crest Circle DR, San Marcos TX 78666 nearby adjusts to $368,675; a strong comparable. Based on 4 relevant data points in SOUTHRIDGE ESTATES, 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