517 Blue Oak BLVD, San Marcos TX 78666

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $463,086. I'd recommend coming to market at $480,000 to $504,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd least expensive of 4 comparable homes on the market comparable homes currently on the market in BLANCO VISTA. The larger floor plan (124 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.21 acre lot (larger than the 0.16 acre average) is reflected in the estimate. Current inventory shows 4 comparable homes in BLANCO VISTA; a buyer's market based on recent absorption. The trend in BLANCO VISTA shows prices have fallen 5.3% in the past 6 months. 335 Chaste Tree DR, San Marcos TX 78666 nearby adjusts to $464,282; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group