308 Lamar Ave, San Marcos TX 78666

My analysis of 7 comparable properties puts this home's estimated value at $377,996. Based on how the local market is moving, a list price between $311,000 and $321,000 would position this home well. This home's position in the current SPRING LAKE HILLS market: the 3rd least expensive of 6 comparable homes on the market among comparable properties. At 33 years older than typical comps, the 1977 build date influences the valuation. The smaller lot (0.31 acres versus the area average of 0.61) contributes to the valuation. Current inventory shows 6 comparable homes in SPRING LAKE HILLS; a buyer's market based on recent absorption. The 6 month price trend in 78666: fallen 10%. The best comp here is 2560 Deer Stand LOOP, San Marcos TX 78666 at an adjusted value of $325,209, a strong comparable. The comp data here (7 sales in SPRING LAKE HILLS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus