224 LACEY OAK LOOP, San Marcos TX 78666

After reviewing 5 recent transactions in BLANCO VISTA, I estimate this property's value at $347,407. A competitive list price for this home right now would fall in the $368,000 to $370,000 range. This home's position in the current BLANCO VISTA market: the most affordable of 4 comparable homes on the market among comparable properties. The larger lot (0.24 acres versus the area average of 0.19) contributes to the valuation. Right now, 4 similar properties are competing for buyers in BLANCO VISTA, listed between $335,000 and $400,000. Prices in BLANCO VISTA have fallen 11.5% over the last 6 months. A similar home at 318 Leather Oak LOOP, San Marcos TX 78666 carries an adjusted comparable value of $297,330, providing a strong data point. With 5 comparable sales in BLANCO VISTA, 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