2008 Meadow View DR, San Marcos TX 78666

The market data from 7 similar recent sales in 78666 points to a value of approximately $306,671. To sell within a reasonable timeframe at fair market value, the $361,000 to $363,000 range is where I'd position this. With 6 comparable homes on the market in 78666, this price positions the property as the most affordable of 6 comparable homes on the market. This home's larger footprint (208 sqft vs the comp average) plays a role in how the market prices it. At 0.00 acres, the lot is smaller than the 0.25 acre comp average, which factors into pricing. 6 similar homes are currently available in 78666, creating a buyer's market for this price range. In 78666, home values have fallen approximately 7.6% over the past 6 months. One of the strongest data points is 2038 Ridge View DR, San Marcos TX 78666, adjusting to $340,774; with a smaller floor plan. 7 comparable transactions in 78666 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group