Ed's Opinion of Value

$247,619 Ed's Estimate: $265,010 $310,000
Lowest Comp Recommended List: $260,000 to $270,000 Highest Comp
After reviewing 5 recent transactions in COTTONWOOD CREEK, I estimate this property's value at $265,010. A competitive list price for this home right now would fall in the $260,000 to $270,000 range. Relative to what's currently available in COTTONWOOD CREEK, this home would be the 3rd least expensive of 7 comparable homes on the market. Being 140 sqft larger than the average comparable sale in this area impacts the per square foot value. The larger lot (0.18 acres versus the area average of 0.15) contributes to the valuation. Buyers in COTTONWOOD CREEK have 7 comparable options right now, with asking prices between $279,000 and $399,990. Prices in COTTONWOOD CREEK have fallen 2.7% over the last 6 months. A similar home at 206 Linden LN, San Marcos TX 78666 carries an adjusted comparable value of $281,615, providing a strong data point. With 5 comparable sales in COTTONWOOD CREEK, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group
3 Beds
3 Baths
2,161 Sq Ft
0.181 Acres

Location

Property Details

Property Type Residential
County Hays
MLS # 8514614

Listing History

MLS# 8514614 151 days
Jul 31, 2020 Off Market
Jan 16, 2020 Listed $246,490

Frequently Asked Questions About 408 Lance TRL, San Marcos TX 78666

How much does 408 Lance TRL, San Marcos TX 78666 cost?

408 Lance TRL, San Marcos TX 78666 sold on July 31, 2020. Contact us for sale price details.

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