148 Shugart ST, San Marcos TX 78666

The comparable sales data (4 recent transactions in TRACE) supports an estimated value of $389,251. The data suggests a list price between $431,000 and $840,000 would attract qualified buyers without leaving money on the table. This home's position in the current TRACE market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. This home's larger footprint (294 sqft vs the comp average) plays a role in how the market prices it. Current inventory shows 7 comparable homes in TRACE; a buyer's market based on recent absorption. Prices in TRACE have fallen 0.4% over the last 6 months. A similar home at 409 Salamander ST, San Marcos TX 78666 carries an adjusted comparable value of $413,847, providing a strong data point. The strength of this estimate comes from 4 directly comparable sales in TRACE. 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