120 BENITO LN, San Marcos TX 78676

After reviewing 7 recent transactions in 78676, I estimate this property's value at $754,588. A competitive list price for this home right now would fall in the $739,000 to $770,000 range. This home's position in the current 78676 market: the most affordable of 4 comparable homes on the market among comparable properties. The larger lot (7.00 acres versus the area average of 2.38) contributes to the valuation. Current inventory shows 4 comparable homes in 78676; a buyer's market based on recent absorption. Prices in 78676 have fallen 5.7% over the last 6 months. A similar home at 881 Saddleridge DR, Wimberley TX 78676 carries an adjusted comparable value of $696,215, providing a strong data point. With 7 comparable sales in 78676, 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