253 Horsemint WAY, San Marcos TX 78666

My analysis of 5 comparable properties puts this home's estimated value at $249,946. Based on how the local market is moving, a list price between $282,000 and $292,000 would position this home well. Buyers shopping in TRACE right now would see this as a well positioned option among 7 comparable homes. The smaller lot (0.00 acres versus the area average of 0.10) contributes to the valuation. Current inventory shows 7 comparable homes in TRACE; a buyer's market based on recent absorption. The 6 month price trend in TRACE: fallen 12.3%. The best comp here is 124 Rollingwood DR, San Marcos TX 78666 at an adjusted value of $243,255, with a smaller floor plan. With 5 comparable sales in TRACE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group