2705 Garden WAY, San Marcos TX 78666

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $310,571. I'd recommend coming to market at $218,000 to $228,000 to strike the right balance between value and market velocity. At this price, the property would be the 0th most expensive of 7 comparable homes on the market comparable homes currently on the market in NORTHPOINT. Being 259 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 1960, this home is 21 years older than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in NORTHPOINT (a buyer's market), competition is a factor to consider. The trend in 78666 shows prices have fallen 9.8% in the past 6 months. 2600 Ligustrum CT, San Marcos TX 78666 nearby adjusts to $177,882; with a smaller floor plan. Based on 7 relevant data points in NORTHPOINT, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX