148 Park DR, San Marcos TX 78666

Based on 7 closed sales in SOUTHRIDGE ESTATES, the data points to a value around $392,308 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $405,000 to $424,000. Relative to what's currently available in SOUTHRIDGE ESTATES, this home would be no active comparable homes on the market. Being built in 1999 (5 years older than comps) is factored into the value estimate. Lot size matters here: 0.73 acres versus 2.56 for the typical comp. Market data shows 78666 prices fallen 9.4% over the last half year. The closest comparable sale, 336 Crest Circle DR, San Marcos TX 78666 at an adjusted $404,547, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in SOUTHRIDGE ESTATES. 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