206 Xavier DR, San Marcos TX 78666

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $237,772. I'd recommend coming to market at $286,000 to $292,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in 78666. Being 185 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 2003, this home is 5 years older than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in 78666 (a buyer's market), competition is a factor to consider. The trend in 78666 shows prices have fallen 7.1% in the past 6 months. 115 Encina CV, San Marcos TX 78666 nearby adjusts to $208,154; with a smaller floor plan. With 3 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