204 SNOWBELL ST, San Marcos TX 78666

My analysis of 4 comparable properties puts this home's estimated value at $278,306. Based on how the local market is moving, a list price between $292,000 and $298,000 would position this home well. Buyers shopping in TRACE right now would see this as a well positioned option among 7 comparable homes. The larger lot (0.18 acres versus the area average of 0.13) contributes to the valuation. Right now, 7 similar properties are competing for buyers in TRACE, listed between $255,499 and $323,900. The 6 month price trend in TRACE: fallen 9.4%. The best comp here is 637 Salamander ST, San Marcos TX 78666 at an adjusted value of $309,641, a strong comparable. With 4 comparable sales in TRACE, 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