2102 Stonehaven, San Marcos TX 78666

The market data from 5 similar recent sales in MAJESTIC ESTATES points to a value of approximately $390,760. To sell within a reasonable timeframe at fair market value, the $379,000 to $402,000 range is where I'd position this. At this price, the property would be the most affordable of 3 comparable homes on the market comparable homes currently on the market in MAJESTIC ESTATES. The 180 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.22 acres, the lot is larger than the 0.18 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in MAJESTIC ESTATES; a buyer's market based on recent absorption. In 78666, home values have fallen approximately 13.2% over the past 6 months. One of the strongest data points is 2215 Stonehaven, San Marcos TX 78666, adjusting to $368,563; a strong comparable. 5 comparable transactions in MAJESTIC ESTATES 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