118 Split Rail DR, San Marcos TX 78666

The estimated value of this property is $425,978, based on 6 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $440,000 and $450,000. With 3 comparable homes on the market in BLANCO VISTA, this price positions the property as the most expensive of 3 comparable homes on the market. At 415 sqft larger than the typical comp, the size difference factors into the valuation. Built in 2007, this home is 11 years older than the average comp, which is reflected in the adjustments. The active market in BLANCO VISTA includes 3 comparable homes priced from $379,000 to $425,000. Recent trends in BLANCO VISTA show home values have fallen 7.8% since 6 months ago. The most comparable recent sale is 410 Easton DR, San Marcos TX 78666, with an adjusted value of $423,933; with a smaller floor plan. Based on 6 relevant data points in BLANCO VISTA, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX