107 Espada DR, San Marcos TX 78666

Reviewing the most recent comparable transactions, this home's market value falls around $256,275. For a well positioned listing in EL CAMINO REAL, I'd target the $210,000 to $220,000 range. Against 5 similar active listings in EL CAMINO REAL, this price point lands at the 2nd least expensive of 5 comparable homes on the market. The 2007 construction puts this home 5 years older than the comp average, a factor in the pricing. At 0.14 acres, the lot is smaller than the 0.19 acre comp average, which factors into pricing. With 5 similar homes currently listed in EL CAMINO REAL (a buyer's market), competition is a factor to consider. Recent trends in EL CAMINO REAL show home values have fallen 10.2% since 6 months ago. The most comparable recent sale is 285 Cordero DR, San Marcos TX 78666, with an adjusted value of $176,927; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group