4220 S Old Bastrop Highway, San Marcos TX 78666

My analysis of 7 comparable properties puts this home's estimated value at $283,191. Based on how the local market is moving, a list price between $345,000 and $347,000 would position this home well. Buyers shopping in 78666 right now would see this as a well positioned option among 7 comparable homes. At 53 years older than typical comps, the 1960 build date influences the valuation. The larger lot (1.17 acres versus the area average of 0.24) contributes to the valuation. Current inventory shows 7 comparable homes in 78666; a buyer's market based on recent absorption. The 6 month price trend in 78666: fallen 12.2%. The best comp here is 168 Cazador DR, San Marcos TX 78666 at an adjusted value of $235,975, a strong comparable. With 7 comparable sales in 78666, 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