141 Crest Circle DR, San Marcos TX 78666

Reviewing the most recent comparable transactions, this home's market value falls around $356,283. For a well positioned listing in SOUTHRIDGE ESTATES, I'd target the $275,000 to $285,000 range. In the current SOUTHRIDGE ESTATES market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. The 1985 construction puts this home 20 years older than the comp average, a factor in the pricing. At 0.77 acres, the lot is larger than the 0.66 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in SOUTHRIDGE ESTATES; a buyer's market based on recent absorption. Recent trends in 78666 show home values have fallen 7.6% since 6 months ago. The most comparable recent sale is 336 Crest Circle DR, San Marcos TX 78666, with an adjusted value of $387,646; 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