1520 Offermann Hill, San Marcos TX 78666

The market data from 7 similar recent sales in 78666 points to a value of approximately $303,838. To sell within a reasonable timeframe at fair market value, the $226,000 to $236,000 range is where I'd position this. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in 78666. At 1.53 acres, the lot is larger than the 0.23 acre comp average, which factors into pricing. Right now, 1 similar properties are competing for buyers in 78666, listed between $210,000 and $210,000. In 78666, home values have fallen approximately 8.6% over the past 6 months. One of the strongest data points is 261 Elk Ave, San Marcos TX 78666, adjusting to $300,262; a strong comparable. 7 comparable transactions in 78666 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group