641 Oak MDWS, San Marcos TX 78666

The estimated value of this property is $343,063, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $212,000 and $222,000. In the current OAK MEADOWS market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. This home's larger footprint (112 sqft vs the comp average) plays a role in how the market prices it. Built in 2016, this home is 16 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 3 comparable homes in OAK MEADOWS; a buyer's market based on recent absorption. Recent trends in 78666 show home values have fallen 12.6% since 6 months ago. The most comparable recent sale is 461 Oak MDWS, San Marcos TX 78666, with an adjusted value of $159,033; a strong comparable. 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