244 Shelley LN, San Marcos TX 78666

Based on 7 closed sales in 78666, the data points to a value around $295,685 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $228,000 to $238,000. This home's position in the current 78666 market: the most expensive of 7 comparable homes on the market among comparable properties. Being built in 2000 (15 years older than comps) is factored into the value estimate. Lot size matters here: 0.51 acres versus 0.44 for the typical comp. The active market in 78666 includes 7 comparable homes priced from $223,999 to $289,000. Market data shows 78666 prices fallen 11.7% over the last half year. The closest comparable sale, 441 Thomas DR, Martindale TX 78655 at an adjusted $402,119, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78666. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group