111 Salerno DR, San Marcos TX 78666

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $242,263. I'd recommend coming to market at $237,000 to $247,000 to strike the right balance between value and market velocity. At this price, the property would be the most affordable of 7 comparable homes on the market comparable homes currently on the market in EL CAMINO REAL. Being 1,005 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 2003, this home is 7 years older than the average comp, which is reflected in the adjustments. Right now, 7 similar properties are competing for buyers in EL CAMINO REAL, listed between $280,999 and $800,000. The trend in EL CAMINO REAL shows prices have fallen 6.8% in the past 6 months. 112 Azolar ST, San Marcos TX 78666 nearby adjusts to $186,320; with a smaller floor plan. Based on 7 relevant data points in EL CAMINO REAL, 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