Ed's Opinion of Value

$242,650 Ed's Estimate: $264,687 $299,990
Lowest Comp Recommended List: $257,000 to $273,000 Highest Comp
Reviewing the most recent comparable transactions, this home's market value falls around $264,687. For a well positioned listing in COTTONWOOD CREEK, I'd target the $257,000 to $273,000 range. With 7 comparable homes on the market in COTTONWOOD CREEK, this price positions the property as the 4th most expensive of 7 comparable homes on the market. The larger floor plan (206 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.18 acres, the lot is larger than the 0.14 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in COTTONWOOD CREEK, listed between $240,000 and $299,990. Recent trends in COTTONWOOD CREEK show home values have fallen 7.3% since 6 months ago. The most comparable recent sale is 113 Moonrise DR, San Marcos TX 78666, with an adjusted value of $257,130; 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
3 Beds
3 Baths
1,966 Sq Ft
0.177 Acres

Location

Property Details

Property Type Residential
County Hays
MLS # 3955831

Listing History

MLS# 3955831 85 days
Jul 3, 2019 Off Market
Mar 8, 2019 Listed $244,500

Frequently Asked Questions About 121 WERNER, San Marcos TX 78666

How much does 121 WERNER, San Marcos TX 78666 cost?

121 WERNER, San Marcos TX 78666 sold on July 3, 2019. Contact us for sale price details.

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