307 Cordero DR, San Marcos TX 78666

After reviewing 3 recent transactions in EL CAMINO REAL, I estimate this property's value at $235,495. A competitive list price for this home right now would fall in the $295,000 to $304,000 range. This would position the home competitively among 7 active listings in EL CAMINO REAL. At 10 years older than typical comps, the 2003 build date influences the valuation. The larger lot (0.17 acres versus the area average of 0.12) contributes to the valuation. There are currently 7 similar homes on the market in EL CAMINO REAL, ranging from $205,000 to $379,000. Prices in EL CAMINO REAL have fallen 10.2% over the last 6 months. A similar home at 285 Cordero DR, San Marcos TX 78666 carries an adjusted comparable value of $172,811, providing a strong data point. With 3 comparable sales in EL CAMINO REAL, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group