314 Ridge DR, San Marcos TX 78666

Reviewing the most recent comparable transactions, this home's market value falls around $370,225. For a well positioned listing in 78666, I'd target the $462,000 to $492,000 range. In the current 78666 market with 2 similar homes available, this price represents the most affordable of 2 comparable homes on the market. The larger floor plan (381 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1993 construction puts this home 5 years older than the comp average, a factor in the pricing. Buyers in 78666 have 2 comparable options right now, with asking prices between $425,000 and $575,000. Recent trends in 78666 show home values have fallen 12.8% since 6 months ago. The most comparable recent sale is 336 Crest Circle DR, San Marcos TX 78666, with an adjusted value of $462,242; with a smaller floor plan. 4 comparable transactions in 78666 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