204 Merrywood LN, 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 $449,590. I'd recommend coming to market at $441,000 to $459,000 to strike the right balance between value and market velocity. With 1 comparable homes on the market in VALLEY VIEW, this price positions the property as below the only comparable home currently on the market. Being 225 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 1975, this home is 20 years older than the average comp, which is reflected in the adjustments. Current inventory shows 1 comparable homes in VALLEY VIEW; a buyer's market based on recent absorption. The trend in 78666 shows prices have fallen 6.1% in the past 6 months. 211 Bunnyrun LN, San Marcos TX 78666 nearby adjusts to $598,576; with a smaller floor plan. Based on 7 relevant data points in VALLEY VIEW, 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