2005 Ridge View DR, San Marcos TX 78666

After reviewing 5 recent transactions in BISHOP CROSSING, I estimate this property's value at $284,952. A competitive list price for this home right now would fall in the $138,000 to $148,000 range. This home's position in the current BISHOP CROSSING market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. The smaller floor plan (155 sqft compared to the average comp) is a meaningful differentiator in this price range. At 10 years newer than typical comps, the 2012 build date influences the valuation. Buyers in BISHOP CROSSING have 7 comparable options right now, with asking prices between $150,000 and $475,000. Prices in 78666 have fallen 13% over the last 6 months. A similar home at 1715 Ramona CIR, San Marcos TX 78666 carries an adjusted comparable value of $262,162, providing a strong data point. With 5 comparable sales in BISHOP CROSSING, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group