229 Newberry, San Marcos TX 78666

The market data from 7 similar recent sales in BLANCO RIVER points to a value of approximately $428,095. To sell within a reasonable timeframe at fair market value, the $538,000 to $545,000 range is where I'd position this. At this price, the property would be no active comparable homes on the market comparable homes currently on the market in BLANCO RIVER. This home's larger footprint (323 sqft vs the comp average) plays a role in how the market prices it. The 2006 construction puts this home 25 years newer than the comp average, a factor in the pricing. In 78666, home values have fallen approximately 13.9% over the past 6 months. One of the strongest data points is 114 Cypress CT, San Marcos TX 78666, adjusting to $347,843; a strong comparable. 7 comparable transactions in BLANCO RIVER 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