412 MERRIMAN RD, San Marcos TX 78666

After reviewing 3 recent transactions in TRACE, I estimate this property's value at $355,240. A competitive list price for this home right now would fall in the $358,000 to $371,000 range. This home's position in the current TRACE market: the most expensive of 4 comparable homes on the market among comparable properties. The larger floor plan (148 sqft compared to the average comp) is a meaningful differentiator in this price range. 4 similar homes are currently available in TRACE, creating a buyer's market for this price range. Prices in TRACE have fallen 0.4% over the last 6 months. A similar home at 705 Salamander ST, San Marcos TX 78666 carries an adjusted comparable value of $344,178, providing a strong data point. The comp data here (3 sales in TRACE) 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