117 Archers WAY, San Marcos TX 78666

Reviewing the most recent comparable transactions, this home's market value falls around $291,432. For a well positioned listing in 78666, I'd target the $237,000 to $247,000 range. Against 7 similar active listings in 78666, this price point lands at the most expensive of 7 comparable homes on the market. The 2017 construction puts this home 6 years older than the comp average, a factor in the pricing. At 0.50 acres, the lot is larger than the 0.12 acre comp average, which factors into pricing. With 7 similar homes currently listed in 78666 (a buyer's market), competition is a factor to consider. Recent trends in 78666 show home values have fallen 6.7% since 6 months ago. The most comparable recent sale is 104 Finn TRL, San Marcos TX 78666, with an adjusted value of $292,145; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group