1320 Old Martindale RD, San Marcos TX 78666

The comparable sales data (7 recent transactions in 78666) supports an estimated value of $305,555. The data suggests a list price between $307,000 and $308,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in 78666, this home would be the 3rd most expensive of 7 comparable homes on the market. Being built in 1915 (98 years older than comps) is factored into the value estimate. Lot size matters here: 11.90 acres versus 0.28 for the typical comp. With 7 similar homes currently listed in 78666 (a buyer's market), competition is a factor to consider. Prices in 78666 have fallen 8.2% over the last 6 months. A similar home at 2102 Staples RD, San Marcos TX 78666 carries an adjusted comparable value of $435,630, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in 78666. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group