408 Suttles Ave, San Marcos TX 78666

Reviewing the most recent comparable transactions, this home's market value falls around $486,465. For a well positioned listing in LAUREL ESTATES II, I'd target the $477,000 to $496,000 range. In the current LAUREL ESTATES II market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. Being 205 sqft larger than the average comparable sale in this area impacts the per square foot value. The 1969 construction puts this home 10 years older than the comp average, a factor in the pricing. The active market in LAUREL ESTATES II includes 7 comparable homes priced from $340,000 to $680,167. Recent trends in 78666 show home values have fallen 6.1% since 6 months ago. The most comparable recent sale is 817 Willow Creek CIR, San Marcos TX 78666, with an adjusted value of $466,246; a strong comparable. The 3 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