2509 Arroyo Doble, San Marcos TX 78666

Reviewing the most recent comparable transactions, this home's market value falls around $522,719. For a well positioned listing in SIESTA VERDE, I'd target the $605,000 to $634,000 range. In the current SIESTA VERDE market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. The 1985 construction puts this home 29 years older than the comp average, a factor in the pricing. At 6.60 acres, the lot is larger than the 0.41 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in SIESTA VERDE; a buyer's market based on recent absorption. Recent trends in 78666 show home values have fallen 12.8% since 6 months ago. The most comparable recent sale is 703 Stagecoach TRL, San Marcos TX 78666, with an adjusted value of $633,758; with a smaller floor plan. 7 comparable transactions in SIESTA VERDE 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