307 Suttles Ave, San Marcos TX 78666

Reviewing the most recent comparable transactions, this home's market value falls around $415,508. For a well positioned listing in LAUREL ESTATES, I'd target the $309,000 to $319,000 range. With 7 comparable homes on the market in LAUREL ESTATES, this price positions the property as the most expensive of 7 comparable homes on the market. The 1994 construction puts this home 13 years newer than the comp average, a factor in the pricing. At 1.05 acres, the lot is larger than the 0.82 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in LAUREL ESTATES; a buyer's market based on recent absorption. Recent trends in 78666 show home values have fallen 8.2% since 6 months ago. The most comparable recent sale is 601 Mountainview DR, San Marcos TX 78666, with an adjusted value of $419,571; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group