1305 Southpoint DR, San Marcos TX 78666

The estimated value of this property is $286,609, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $170,000 and $180,000. Against 7 similar active listings in 78666, this price point lands at the most expensive of 7 comparable homes on the market. Built in 2001, this home is 17 years newer than the average comp, which is reflected in the adjustments. The 0.69 acre lot (larger than the 0.47 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in 78666, listed between $160,000 and $299,990. Recent trends in 78666 show home values have fallen 12.7% since 6 months ago. The most comparable recent sale is 2705 Garden WAY, San Marcos TX 78666, with an adjusted value of $172,884; a strong comparable. Based on 7 relevant data points in 78666, 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