1425 Highland DR, San Marcos TX 78666

The market data from 4 similar recent sales in 78666 points to a value of approximately $290,416. To sell within a reasonable timeframe at fair market value, the $234,000 to $244,000 range is where I'd position this. Against 7 similar active listings in 78666, this price point lands at the 4th most expensive of 7 comparable homes on the market. At 144 sqft larger than the typical comp, the size difference factors into the valuation. The 1965 construction puts this home 5 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in 78666; a buyer's market based on recent absorption. In 78666, home values have fallen approximately 8.6% over the past 6 months. One of the strongest data points is 137 Chaparral ST, San Marcos TX 78666, adjusting to $309,546; a strong comparable. The 4 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