318 Durango ST, San Marcos TX 78666

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $168,488. I'd recommend coming to market at $131,000 to $141,000 to strike the right balance between value and market velocity. In the current C D WALLACE market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. This home's smaller footprint (646 sqft vs the comp average) plays a role in how the market prices it. Built in 1978, this home is 35 years older than the average comp, which is reflected in the adjustments. 3 similar homes are currently available in C D WALLACE, creating a buyer's market for this price range. The trend in 78666 shows prices have fallen 9.6% in the past 6 months. 212 Saltillo ST, San Marcos TX 78666 nearby adjusts to $127,011; with a larger floor plan. Based on 7 relevant data points in C D WALLACE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX