221 Ramsay ST, San Marcos TX 78666

After reviewing 7 recent transactions in 78666, I estimate this property's value at $235,131. A competitive list price for this home right now would fall in the $177,000 to $187,000 range. This would position the home competitively among 7 active listings in 78666. At 40 years older than typical comps, the 1930 build date influences the valuation. The larger lot (0.78 acres versus the area average of 0.26) contributes to the valuation. The active market in 78666 includes 7 comparable homes priced from $185,000 to $249,000. Prices in 78666 have fallen 13.2% over the last 6 months. A similar home at 307 Quarry ST, San Marcos TX 78666 carries an adjusted comparable value of $237,120, providing a strong data point. With 7 comparable sales in 78666, 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