408 Mariposa ST, San Marcos TX 78666

My analysis of 4 comparable properties puts this home's estimated value at $224,006. Based on how the local market is moving, a list price between $220,000 and $228,000 would position this home well. Relative to what's currently available in J Q CLIETT II, this home would be the 3rd most expensive of 7 comparable homes on the market. Being 109 sqft smaller than the average comparable sale in this area impacts the per square foot value. The smaller lot (0.10 acres versus the area average of 0.14) contributes to the valuation. Current inventory shows 7 comparable homes in J Q CLIETT II; a buyer's market based on recent absorption. The 6 month price trend in 78666: fallen 6.2%. The best comp here is 408 Railroad ST, San Marcos TX 78666 at an adjusted value of $270,885, with a larger floor plan. The comp data here (4 sales in J Q CLIETT II) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus