305 Magnolia DR, San Marcos TX 78666

The market data from 5 similar recent sales in SUNSET ACRES points to a value of approximately $212,464. To sell within a reasonable timeframe at fair market value, the $208,000 to $217,000 range is where I'd position this. With 4 comparable homes on the market in SUNSET ACRES, this price positions the property as the 2nd least expensive of 4 comparable homes on the market. The 1970 construction puts this home 8 years older than the comp average, a factor in the pricing. At 0.28 acres, the lot is larger than the 0.18 acre comp average, which factors into pricing. 4 similar homes are currently available in SUNSET ACRES, creating a buyer's market for this price range. In 78666, home values have fallen approximately 6.8% over the past 6 months. One of the strongest data points is 213 Ebony ST, San Marcos TX 78666, adjusting to $179,759; a strong comparable. 5 comparable transactions in SUNSET ACRES support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group