406 Railhead RD, San Marcos TX 78666

The market data from 6 similar recent sales in BLANCO VISTA points to a value of approximately $380,258. To sell within a reasonable timeframe at fair market value, the $403,000 to $405,000 range is where I'd position this. With 3 comparable homes on the market in BLANCO VISTA, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. This home's larger footprint (198 sqft vs the comp average) plays a role in how the market prices it. At 0.23 acres, the lot is larger than the 0.18 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in BLANCO VISTA; a buyer's market based on recent absorption. In BLANCO VISTA, home values have risen approximately 1.1% over the past 6 months. One of the strongest data points is 717 Old Settlers DR, San Marcos TX 78666, adjusting to $408,369; a strong comparable. The 6 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