1161 Overlook WAY, San Marcos TX 78666

After reviewing 7 recent transactions in 78666, I estimate this property's value at $249,267. A competitive list price for this home right now would fall in the $208,000 to $218,000 range. Relative to what's currently available in 78666, this home would be the 4th most expensive of 7 comparable homes on the market. The smaller lot (0.11 acres versus the area average of 0.49) contributes to the valuation. Current inventory shows 7 comparable homes in 78666; a buyer's market based on recent absorption. Prices in 78666 have fallen 13.2% over the last 6 months. A similar home at 1164 Lago Vista ST, San Marcos TX 78666 carries an adjusted comparable value of $263,063, providing a strong data point. With 7 comparable sales in 78666, 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