Based on 6 closed sales in BLANCO VISTA SEC A & SCHOOL TR, the data points to a value around $378,452 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $413,000 to $460,000. This would position the home competitively among 5 active listings in BLANCO VISTA SEC A & SCHOOL TR. Being built in 2010 (11 years older than comps) is factored into the value estimate. Lot size matters here: 0.21 acres versus 0.16 for the typical comp. Right now, 5 similar properties are competing for buyers in BLANCO VISTA SEC A & SCHOOL TR, listed between $345,000 and $480,000. Market data shows 78666 prices fallen 10.7% over the last half year. The closest comparable sale, 906 Blue Oak BLVD, San Marcos TX 78666 at an adjusted $379,864, is a strong comparable. The strength of this estimate comes from 6 directly comparable sales in BLANCO VISTA SEC A & SCHOOL TR. 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