116 Oak Ridge DR, San Marcos TX 78666

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $314,843. Pricing this home between $412,000 and $418,000 would put it in the competitive sweet spot for 78666. This pricing would rank the home as the most affordable of 7 comparable homes on the market in 78666's current inventory. The larger floor plan (255 sqft compared to the average comp) is a meaningful differentiator in this price range. At 23 years older than typical comps, the 1972 build date influences the valuation. Current inventory shows 7 comparable homes in 78666; a buyer's market based on recent absorption. Market data shows 78666 prices fallen 12.8% over the last half year. The closest comparable sale, 329 Newberry TRL, San Marcos TX 78666 at an adjusted $287,550, is with a smaller floor plan. The comp data here (7 sales in 78666) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus