5021 Cedarside ST, San Marcos TX 78666

Reviewing the most recent comparable transactions, this home's market value falls around $240,287. For a well positioned listing in 78666, I'd target the $293,000 to $321,000 range. With 4 comparable homes on the market in 78666, this price positions the property as the 2nd most expensive of 4 comparable homes on the market. Being 119 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 1983 construction puts this home 20 years older than the comp average, a factor in the pricing. Current inventory shows 4 comparable homes in 78666; a buyer's market based on recent absorption. Recent trends in 78666 show home values have fallen 8.8% since 6 months ago. The most comparable recent sale is 110 Encina CV, San Marcos TX 78666, with an adjusted value of $212,285; 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