116 Merrywood LN, San Marcos TX 78666

After reviewing 7 recent transactions in VALLEY VIEW, I estimate this property's value at $372,122. A competitive list price for this home right now would fall in the $104,000 to $114,000 range. This pricing would rank the home as the most expensive of 3 comparable homes on the market in VALLEY VIEW's current inventory. The smaller floor plan (362 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (13.61 acres versus the area average of 1.96) contributes to the valuation. With 3 similar homes currently listed in VALLEY VIEW (a buyer's market), competition is a factor to consider. Prices in VALLEY VIEW have risen 92.9% over the last 6 months. A similar home at 2110 River RD, San Marcos TX 78666 carries an adjusted comparable value of $415,934, providing a strong data point. With 7 comparable sales in VALLEY VIEW, 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