2001 Mustang LN, San Marcos TX 78666

The estimated value of this property is $574,655, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $450,000 and $460,000. With 7 comparable homes on the market in COUNTRY ESTATES IV, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. The larger floor plan (451 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1988, this home is 5 years older than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in COUNTRY ESTATES IV (a buyer's market), competition is a factor to consider. Recent trends in 78666 show home values have fallen 8.7% since 6 months ago. The most comparable recent sale is 1610 Mustang LN, San Marcos TX 78666, with an adjusted value of $695,283; with a smaller floor plan. With 7 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