Ed's Opinion of Value

$235,527 Ed's Estimate: $260,334 $284,612
Lowest Comp Recommended List: $270,000 to $276,000 Highest Comp
The market data from 4 similar recent sales in COTTONWOOD CREEK points to a value of approximately $260,334. To sell within a reasonable timeframe at fair market value, the $270,000 to $276,000 range is where I'd position this. With 7 comparable homes on the market in COTTONWOOD CREEK, this price positions the property as the 4th most expensive of 7 comparable homes on the market. At 0.29 acres, the lot is larger than the 0.16 acre comp average, which factors into pricing. Buyers in COTTONWOOD CREEK have 7 comparable options right now, with asking prices between $240,000 and $317,000. In COTTONWOOD CREEK, home values have fallen approximately 6.8% over the past 6 months. One of the strongest data points is 160 Parrigin CV, San Marcos TX 78666, adjusting to $235,527; a strong comparable. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group
4 Beds
2 Baths
1,831 Sq Ft
0.2947 Acres

Location

Property Details

Property Type Residential
County Hays
MLS # 6062253

Listing History

MLS# 6062253 3 days
Jul 14, 2020 Off Market
Apr 3, 2020 Listed $246,975

Frequently Asked Questions About 405 Lance TRL, San Marcos TX 78666

How much does 405 Lance TRL, San Marcos TX 78666 cost?

405 Lance TRL, San Marcos TX 78666 sold on July 14, 2020. Contact us for sale price details.

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