232 Newberry TRL, San Marcos TX 78666

Reviewing the most recent comparable transactions, this home's market value falls around $278,530. For a well positioned listing in BLANCO RIVER, I'd target the $199,000 to $209,000 range. Against 4 similar active listings in BLANCO RIVER, this price point lands at the 2nd most expensive of 4 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.17 acre comp average, which factors into pricing. With 4 similar homes currently listed in BLANCO RIVER (a buyer's market), competition is a factor to consider. Recent trends in 78666 show home values have fallen 4.6% since 6 months ago. The most comparable recent sale is 2022 Ridge View DR, San Marcos TX 78666, with an adjusted value of $258,462; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group