500 Lockwood ST, San Marcos TX 78666

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $218,133. I'd recommend coming to market at $266,000 to $286,000 to strike the right balance between value and market velocity. At this price, the property would be the most affordable of 3 comparable homes on the market comparable homes currently on the market in SUNSET ACRES. Built in 1975, this home is 21 years older than the average comp, which is reflected in the adjustments. The 0.24 acre lot (smaller than the 0.37 acre average) is reflected in the estimate. Right now, 3 similar properties are competing for buyers in SUNSET ACRES, listed between $249,000 and $350,000. The trend in 78666 shows prices have fallen 12.8% in the past 6 months. 102 Lockwood ST, San Marcos TX 78666 nearby adjusts to $112,203; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group