Taking into account 7 nearby comparable sales, this property's estimated value comes to $389,666. If we were to list this property today, I'd recommend a list price in the $734,000 to $872,000 range. Buyers shopping in BLANCO RIVER RANCH right now would see this as a well positioned option among 4 comparable homes. The larger floor plan (1,727 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 2003 (9 years older than comps) is factored into the value estimate. Right now, 4 similar properties are competing for buyers in BLANCO RIVER RANCH, listed between $575,000 and $3,290,000. The 6 month price trend in 78666: fallen 9.2%. The best comp here is 332 Booth DR, San Marcos TX 78666 at an adjusted value of $734,175, with a smaller floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus