2600 Ligustrum CT, San Marcos TX 78666

Reviewing the most recent comparable transactions, this home's market value falls around $255,511. For a well positioned listing in NORTHPOINT, I'd target the $172,000 to $182,000 range. With 7 comparable homes on the market in NORTHPOINT, this price positions the property as the 0th most expensive of 7 comparable homes on the market. At 272 sqft smaller than the typical comp, the size difference factors into the valuation. The 2005 construction puts this home 23 years newer than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in NORTHPOINT; a buyer's market based on recent absorption. Recent trends in 78666 show home values have fallen 9.8% since 6 months ago. The most comparable recent sale is 2705 Garden WAY, San Marcos TX 78666, with an adjusted value of $150,500; with a larger floor plan. 7 comparable transactions in NORTHPOINT 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