2040 Spruce ST, Redwood TX 78666

My analysis of 7 comparable properties puts this home's estimated value at $307,091. Based on how the local market is moving, a list price between $231,000 and $241,000 would position this home well. This pricing would rank the home as the 3rd most expensive of 7 comparable homes on the market in 78666's current inventory. Being 365 sqft larger than the average comparable sale in this area impacts the per square foot value. At 31 years older than typical comps, the 1990 build date influences the valuation. 7 similar homes are currently available in 78666, creating a buyer's market for this price range. The 6 month price trend in 78666: fallen 13.2%. The best comp here is 155 Lake GLN, San Marcos TX 78666 at an adjusted value of $298,332, with a smaller floor plan. With 7 comparable sales in 78666, 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