5001 Redwood RD, San Marcos TX 78666

Reviewing the most recent comparable transactions, this home's market value falls around $202,860. For a well positioned listing in 78666, I'd target the $216,000 to $261,000 range. With 2 comparable homes on the market in 78666, this price positions the property as the most expensive of 2 comparable homes on the market. The smaller floor plan (249 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1975 construction puts this home 24 years older than the comp average, a factor in the pricing. The active market in 78666 includes 2 comparable homes priced from $215,000 to $350,000. Recent trends in 78666 show home values have fallen 7.4% since 6 months ago. The most comparable recent sale is 922 Haynes ST, San Marcos TX 78666, with an adjusted value of $261,327; a strong comparable. 7 comparable transactions in 78666 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group