614 JANE LONG DR, San Marcos TX 78666

The comparable sales data (4 recent transactions in TRACE) supports an estimated value of $337,250. The data suggests a list price between $346,000 and $347,000 would attract qualified buyers without leaving money on the table. This home's position in the current TRACE market: the 3rd most expensive of 6 comparable homes on the market among comparable properties. At 119 sqft larger than the typical comp, the size difference factors into the valuation. With 6 similar homes currently listed in TRACE (a buyer's market), competition is a factor to consider. Prices in TRACE have fallen 12.3% over the last 6 months. A similar home at 248 LAS LOMAS DR, San Marcos TX 78666 carries an adjusted comparable value of $332,644, providing a strong data point. The strength of this estimate comes from 4 directly comparable sales in TRACE. 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