248 LAS LOMAS DR, San Marcos TX 78666

Taking into account 4 nearby comparable sales, this property's estimated value comes to $356,888. If we were to list this property today, I'd recommend a list price in the $308,000 to $318,000 range. This pricing would rank the home as the most expensive of 5 comparable homes on the market in TRACE's current inventory. At 335 sqft larger than the typical comp, the size difference factors into the valuation. Lot size matters here: 0.17 acres versus 0.12 for the typical comp. Current inventory shows 5 comparable homes in TRACE; a buyer's market based on recent absorption. The 6 month price trend in TRACE: fallen 3.3%. The best comp here is 705 Salamander ST, San Marcos TX 78666 at an adjusted value of $351,703, with a smaller floor plan. The strength of this estimate comes from 4 directly comparable sales in TRACE. 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