112 W Laurel LN, San Marcos TX 78666

The estimated value of this property is $387,634, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $579,000 and $640,000. Against 7 similar active listings in SPRING LAKE HILLS, this price point lands at the 3rd least expensive of 7 comparable homes on the market. At 376 sqft larger than the typical comp, the size difference factors into the valuation. Built in 1987, this home is 12 years older than the average comp, which is reflected in the adjustments. There are currently 7 similar homes on the market in SPRING LAKE HILLS, ranging from $339,000 to $949,900. Recent trends in 78666 show home values have fallen 12.6% since 6 months ago. The most comparable recent sale is 213 Newberry TRL, San Marcos TX 78666, with an adjusted value of $335,562; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group