285 Cordero DR, San Marcos TX 78666

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $238,971. I'd recommend coming to market at $329,000 to $341,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in EL CAMINO REAL, this price positions the property as the most affordable of 7 comparable homes on the market. Being 119 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 0.10 acre lot (smaller than the 0.21 acre average) is reflected in the estimate. With 7 similar homes currently listed in EL CAMINO REAL (a buyer's market), competition is a factor to consider. The trend in EL CAMINO REAL shows prices have fallen 11.1% in the past 6 months. 216 Capistrano DR, San Marcos TX 78666 nearby adjusts to $171,205; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group