400 Woodlands TRL, San Marcos TX 78666

The market data from 7 similar recent sales in WOODLANDS points to a value of approximately $399,287. To sell within a reasonable timeframe at fair market value, the $387,000 to $411,000 range is where I'd position this. Against 1 similar active listings in WOODLANDS, this price point lands at below the only comparable home currently on the market. The 2003 construction puts this home 8 years newer than the comp average, a factor in the pricing. At 1.60 acres, the lot is larger than the 0.27 acre comp average, which factors into pricing. 1 similar homes are currently available in WOODLANDS, creating a buyer's market for this price range. In WOODLANDS, home values have fallen approximately 2.6% over the past 6 months. One of the strongest data points is 133 Chaparral ST, San Marcos TX 78666, adjusting to $372,004; a strong comparable. 7 comparable transactions in WOODLANDS 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