1600 Lancaster ST, San Marcos TX 78666

Reviewing the most recent comparable transactions, this home's market value falls around $369,767. For a well positioned listing in SENDERA, I'd target the $359,000 to $381,000 range. In the current SENDERA market with 2 similar homes available, this price represents the most affordable of 2 comparable homes on the market. At 186 sqft larger than the typical comp, the size difference factors into the valuation. The 2008 construction puts this home 13 years newer than the comp average, a factor in the pricing. 2 similar homes are currently available in SENDERA, creating a buyer's market for this price range. Recent trends in SENDERA show home values have risen 3% since 6 months ago. The most comparable recent sale is 2203 Lancaster ST, San Marcos TX 78666, with an adjusted value of $361,320; with a smaller floor plan. The 3 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