417 MERRIMAN RD, San Marcos TX 78666

The market data from 5 similar recent sales in TRACE points to a value of approximately $325,004. To sell within a reasonable timeframe at fair market value, the $327,000 to $332,000 range is where I'd position this. In the current TRACE market with 5 similar homes available, this price represents the 2nd most expensive of 5 comparable homes on the market. Right now, 5 similar properties are competing for buyers in TRACE, listed between $294,999 and $349,000. In TRACE, home values have fallen approximately 11.1% over the past 6 months. One of the strongest data points is 248 LAS LOMAS DR, San Marcos TX 78666, adjusting to $327,458; with a larger floor plan. The 5 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