213 Capistrano DR, San Marcos TX 78666

After reviewing 6 recent transactions in EL CAMINO REAL, I estimate this property's value at $248,418. A competitive list price for this home right now would fall in the $254,000 to $258,000 range. This home's position in the current EL CAMINO REAL market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. At 5 years older than typical comps, the 2005 build date influences the valuation. Current inventory shows 3 comparable homes in EL CAMINO REAL; a buyer's market based on recent absorption. Prices in EL CAMINO REAL have fallen 10.2% over the last 6 months. A similar home at 214 Teron DR, San Marcos TX 78666 carries an adjusted comparable value of $249,618, providing a strong data point. With 6 comparable sales in EL CAMINO REAL, 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