514 Oakwood LOOP, San Marcos TX 78666

My analysis of 4 comparable properties puts this home's estimated value at $633,752. Based on how the local market is moving, a list price between $615,000 and $653,000 would position this home well. Buyers shopping in OAKWOOD HILLS UNREC right now would see this as a well positioned option among 1 comparable homes. Being 118 sqft smaller than the average comparable sale in this area impacts the per square foot value. The smaller lot (3.00 acres versus the area average of 7.74) contributes to the valuation. With 1 similar homes currently listed in OAKWOOD HILLS UNREC (a buyer's market), competition is a factor to consider. The 6 month price trend in 78666: fallen 12.8%. The best comp here is 124 Turkey Trail DR, San Marcos TX 78666 at an adjusted value of $480,478, a strong comparable. With 4 comparable sales in OAKWOOD HILLS UNREC, 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