306 MERRIMAN RD, San Marcos TX 78666

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $337,457. I'd recommend coming to market at $356,000 to $380,000 to strike the right balance between value and market velocity. Against 4 similar active listings in TRACE, this price point lands at the 2nd most expensive of 4 comparable homes on the market. The 872 sqft size difference versus comparable sales is reflected in the adjusted values. The 0.14 acre lot (larger than the 0.10 acre average) is reflected in the estimate. With 4 similar homes currently listed in TRACE (a buyer's market), competition is a factor to consider. The trend in TRACE shows prices have risen 5.6% in the past 6 months. 409 Salamander ST, San Marcos TX 78666 nearby adjusts to $356,075; 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