118 Quail Creek DR, San Marcos TX 78666

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $365,997. I'd recommend coming to market at $611,000 to $657,000 to strike the right balance between value and market velocity. Among the similar homes currently available in SPRING LAKE HILLS, this price point stands out as competitive. At 441 sqft larger than the typical comp, the size difference factors into the valuation. Built in 1972, this home is 28 years older than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in SPRING LAKE HILLS (a buyer's market), competition is a factor to consider. The trend in 78666 shows prices have fallen 9.8% in the past 6 months. 213 Newberry TRL, San Marcos TX 78666 nearby adjusts to $326,415; with a larger floor plan. With 7 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