304 LAS LOMAS DR, 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 $311,521. I'd recommend coming to market at $302,000 to $321,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in TRACE, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. This home's larger footprint (110 sqft vs the comp average) plays a role in how the market prices it. The 0.20 acre lot (larger than the 0.14 acre average) is reflected in the estimate. There are currently 7 similar homes on the market in TRACE, ranging from $295,000 to $349,000. The trend in TRACE shows prices have fallen 12.3% in the past 6 months. 240 LAS LOMAS DR, San Marcos TX 78666 nearby adjusts to $316,385; with a larger floor plan. 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