1850 Cypress ST, San Marcos TX 78666

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $188,591. I'd recommend coming to market at $192,000 to $205,000 to strike the right balance between value and market velocity. With 4 comparable homes on the market in 78666, this price positions the property as the 2nd most expensive of 4 comparable homes on the market. The 321 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1985, this home is 19 years older than the average comp, which is reflected in the adjustments. With 4 similar homes currently listed in 78666 (a buyer's market), competition is a factor to consider. The trend in 78666 shows prices have fallen 12.8% in the past 6 months. 1710 Aspen ST, San Marcos TX 78666 nearby adjusts to $90,860; with a larger floor plan. Based on 7 relevant data points in 78666, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX