525 Grandview DR, San Marcos TX 78666

Based on 7 closed sales in 78666, the data points to a value around $243,018 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $261,000 to $262,000. Relative to what's currently available in 78666, this home would be the 3rd least expensive of 7 comparable homes on the market. Being built in 2002 (8 years older than comps) is factored into the value estimate. Lot size matters here: 1.00 acres versus 0.13 for the typical comp. With 7 similar homes currently listed in 78666 (a buyer's market), competition is a factor to consider. Market data shows 78666 prices fallen 12.6% over the last half year. The closest comparable sale, 188 Lake GLN, San Marcos TX 78666 at an adjusted $261,850, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78666. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group