417 Shadowpoint DR, San Marcos TX 78666

My analysis of 7 comparable properties puts this home's estimated value at $249,598. Based on how the local market is moving, a list price between $245,000 and $255,000 would position this home well. This would position the home competitively among 3 active listings in BLANCO RIVER ONE. The 227 sqft size difference versus comparable sales is reflected in the adjusted values. The smaller lot (0.10 acres versus the area average of 0.14) contributes to the valuation. With 3 similar homes currently listed in BLANCO RIVER ONE (a buyer's market), competition is a factor to consider. The 6 month price trend in 78666: fallen 6.2%. The best comp here is 316 Perry ST, San Marcos TX 78666 at an adjusted value of $248,500, a strong comparable. With 7 comparable sales in BLANCO RIVER ONE, 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