1420 Southpoint DR, San Marcos TX 78666

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $283,144. To generate strong buyer interest while maximizing value, I'd price this between $163,000 and $173,000. With 5 comparable homes on the market in 78666, this price positions the property as the most expensive of 5 comparable homes on the market. The 2004 construction puts this home 13 years newer than the comp average, a factor in the pricing. At 0.69 acres, the lot is larger than the 0.41 acre comp average, which factors into pricing. 5 similar homes are currently available in 78666, creating a buyer's market for this price range. The trend in 78666 shows prices have fallen 12.8% in the past 6 months. 2705 Garden WAY, San Marcos TX 78666 nearby adjusts to $165,176; 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