3720 Cinkapin DR, San Marcos TX 78666

After reviewing 5 recent transactions in BLANCO VISTA-1, I estimate this property's value at $474,325. A competitive list price for this home right now would fall in the $377,000 to $387,000 range. This home's position in the current BLANCO VISTA-1 market: the most expensive of 5 comparable homes on the market among comparable properties. The smaller floor plan (113 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (0.30 acres versus the area average of 0.20) contributes to the valuation. 5 similar homes are currently available in BLANCO VISTA-1, creating a buyer's market for this price range. Prices in BLANCO VISTA-1 have risen 18.5% over the last 6 months. A similar home at 220 Ancient Oak WAY, San Marcos TX 78666 carries an adjusted comparable value of $521,758, providing a strong data point. With 5 comparable sales in BLANCO VISTA-1, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group