3 recent sales within half a mile of this address suggest a current value of $214,005. My recommended list price range for this property would be $284,000 to $303,000. In the current EL CAMINO REAL market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. The smaller floor plan (128 sqft compared to the average comp) is a meaningful differentiator in this price range. 7 similar homes are currently available in EL CAMINO REAL, creating a buyer's market for this price range. In EL CAMINO REAL, home values have fallen approximately 10.2% over the past 6 months. One of the strongest data points is 111 Teron DR, San Marcos TX 78666, adjusting to $192,261; with a larger floor plan. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group