401 Faris 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 $302,338. I'd recommend coming to market at $257,000 to $267,000 to strike the right balance between value and market velocity. With 4 comparable homes on the market in WHISENANT, this price positions the property as the 2nd least expensive of 4 comparable homes on the market. Built in 1948, this home is 62 years older than the average comp, which is reflected in the adjustments. The 0.19 acre lot (larger than the 0.13 acre average) is reflected in the estimate. The active market in WHISENANT includes 4 comparable homes priced from $259,500 to $439,900. The trend in 78666 shows prices have fallen 8.8% in the past 6 months. 216 Armstrong ST, San Marcos TX 78666 nearby adjusts to $347,864; with a smaller floor plan. Based on 7 relevant data points in WHISENANT, 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