125/7 CEDARGROVE, San Marcos TX 78666

After reviewing 7 recent transactions in HUGHSON HEIGHTS, I estimate this property's value at $453,337. A competitive list price for this home right now would fall in the $161,000 to $171,000 range. This home's position in the current HUGHSON HEIGHTS market: the most expensive of 7 comparable homes on the market among comparable properties. At 14 years newer than typical comps, the 2014 build date influences the valuation. The larger lot (1.03 acres versus the area average of 0.28) contributes to the valuation. There are currently 7 similar homes on the market in HUGHSON HEIGHTS, ranging from $150,000 to $449,000. Prices in 78666 have fallen 12.8% over the last 6 months. A similar home at 123 E Sierra CIR, San Marcos TX 78666 carries an adjusted comparable value of $434,879, providing a strong data point. With 7 comparable sales in HUGHSON HEIGHTS, 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