2608 Philo ST, San Marcos TX 78666

Reviewing the most recent comparable transactions, this home's market value falls around $382,952. For a well positioned listing in LAUREL ESTATES II, I'd target the $304,000 to $314,000 range. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in LAUREL ESTATES II. Being 132 sqft larger than the average comparable sale in this area impacts the per square foot value. At 0.66 acres, the lot is larger than the 0.61 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in LAUREL ESTATES II, ranging from $310,000 to $535,000. Recent trends in 78666 show home values have fallen 12.8% since 6 months ago. The most comparable recent sale is 306 Suttles Ave, San Marcos TX 78666, with an adjusted value of $341,969; with a smaller floor plan. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group