2714 Philo ST, San Marcos TX 78666

The market data from 4 similar recent sales in 78666 points to a value of approximately $377,875. To sell within a reasonable timeframe at fair market value, the $425,000 to $446,000 range is where I'd position this. With 3 comparable homes on the market in 78666, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. The 1975 construction puts this home 8 years older than the comp average, a factor in the pricing. Current inventory shows 3 comparable homes in 78666; a buyer's market based on recent absorption. In 78666, home values have fallen approximately 8.8% over the past 6 months. One of the strongest data points is 407 Suttles Ave, San Marcos TX 78666, adjusting to $383,743; a strong comparable. The 4 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