1161 Esplanade PKWY, San Marcos TX 78666

Reviewing the most recent comparable transactions, this home's market value falls around $308,824. For a well positioned listing in TRACE, I'd target the $329,000 to $333,000 range. With 7 comparable homes on the market in TRACE, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.15 acre comp average, which factors into pricing. With 7 similar homes currently listed in TRACE (a buyer's market), competition is a factor to consider. Recent trends in TRACE show home values have fallen 11.1% since 6 months ago. The most comparable recent sale is 248 LAS LOMAS DR, San Marcos TX 78666, with an adjusted value of $307,339; with a larger floor plan. 6 comparable transactions in TRACE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group