401 Lamar Ave, San Marcos TX 78666

Based on 7 closed sales in SPRING LAKE HILLS, the data points to a value around $354,794 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $219,000 to $229,000. This pricing would rank the home as the most expensive of 2 comparable homes on the market in SPRING LAKE HILLS's current inventory. Being 117 sqft larger than the average comparable sale in this area impacts the per square foot value. Being built in 1975 (17 years older than comps) is factored into the value estimate. With 2 similar homes currently listed in SPRING LAKE HILLS (a buyer's market), competition is a factor to consider. Market data shows 78666 prices fallen 8.1% over the last half year. The closest comparable sale, 329 Newberry TRL, San Marcos TX 78666 at an adjusted $257,785, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus