316 Ancient Oak WAY, San Marcos TX 78666

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $349,008. I'd recommend coming to market at $364,000 to $373,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd most expensive of 4 comparable homes on the market comparable homes currently on the market in BLANCO VISTA. The 0.23 acre lot (larger than the 0.18 acre average) is reflected in the estimate. Current inventory shows 4 comparable homes in BLANCO VISTA; a buyer's market based on recent absorption. The trend in BLANCO VISTA shows prices have fallen 5.3% in the past 6 months. 318 Leather Oak LOOP, San Marcos TX 78666 nearby adjusts to $298,048; a strong comparable. With 5 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