503 Park PL, San Marcos TX 78666

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $449,216. Pricing this home between $180,000 and $190,000 would put it in the competitive sweet spot for PARK PLACE. Relative to what's currently available in PARK PLACE, this home would be the 3rd most expensive of 7 comparable homes on the market. At 20 years older than typical comps, the 1959 build date influences the valuation. The smaller lot (0.41 acres versus the area average of 0.77) contributes to the valuation. There are currently 7 similar homes on the market in PARK PLACE, ranging from $150,000 to $925,000. Market data shows PARK PLACE prices risen 10.4% over the last half year. The closest comparable sale, 615 Dale DR, San Marcos TX 78666 at an adjusted $490,622, is a strong comparable. With 7 comparable sales in PARK PLACE, 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