117 MERRIMAN RD, San Marcos TX 78666

The estimated value of this property is $306,569, based on 5 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $297,000 and $316,000. Among the similar homes currently available in TRACE, this price point stands out as competitive. Being 209 sqft larger than the average comparable sale in this area impacts the per square foot value. The 0.22 acre lot (larger than the 0.13 acre average) is reflected in the estimate. With 3 similar homes currently listed in TRACE (a buyer's market), competition is a factor to consider. Recent trends in 78666 show home values have fallen 5% since 6 months ago. The most comparable recent sale is 204 Horsemint WAY, San Marcos TX 78666, with an adjusted value of $302,761; a strong comparable. With 5 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group