521 Oakwood LOOP, San Marcos TX 78666

The market data from 7 similar recent sales in OAKWOOD HILLS UNREC points to a value of approximately $742,574. To sell within a reasonable timeframe at fair market value, the $720,000 to $765,000 range is where I'd position this. In the current OAKWOOD HILLS UNREC market with 1 similar homes available, this price represents below the only comparable home currently on the market. The 1980 construction puts this home 15 years older than the comp average, a factor in the pricing. At 11.00 acres, the lot is larger than the 6.74 acre comp average, which factors into pricing. 1 similar homes are currently available in OAKWOOD HILLS UNREC, creating a buyer's market for this price range. In 78666, home values have fallen approximately 12.8% over the past 6 months. One of the strongest data points is 1508 Oakwood LOOP, San Marcos TX 78666, adjusting to $1,100,642; a strong comparable. 7 comparable transactions in OAKWOOD HILLS UNREC 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