Reviewing the most recent comparable transactions, this home's market value falls around $922,166. For a well positioned listing in BLANCO RIVER RANCH, I'd target the $895,000 to $950,000 range. Among the similar homes currently available in BLANCO RIVER RANCH, this price point stands out as competitive. This home's larger footprint (1,743 sqft vs the comp average) plays a role in how the market prices it. The 2018 construction puts this home 34 years newer than the comp average, a factor in the pricing. Right now, 1 similar properties are competing for buyers in BLANCO RIVER RANCH, listed between $2,799,000 and $2,799,000. Recent trends in 78666 show home values have fallen 8.1% since 6 months ago. The most comparable recent sale is 510 Blanco River Ranch RD, San Marcos TX 78666, with an adjusted value of $1,547,700; a strong comparable. 7 comparable transactions in BLANCO RIVER RANCH 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
