1416 Owens ST, San Marcos TX 78666

After reviewing 7 recent transactions in 78666, I estimate this property's value at $266,194. A competitive list price for this home right now would fall in the $221,000 to $231,000 range. This pricing would rank the home as the 2nd least expensive of 7 comparable homes on the market in 78666's current inventory. At 18 years older than typical comps, the 1970 build date influences the valuation. The smaller lot (0.14 acres versus the area average of 0.30) contributes to the valuation. There are currently 7 similar homes on the market in 78666, ranging from $230,000 to $575,000. Prices in 78666 have fallen 9% over the last 6 months. A similar home at 1333 Chestnut ST, San Marcos TX 78666 carries an adjusted comparable value of $227,852, providing a strong data point. With 7 comparable sales in 78666, 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