641 Oak MDWS, San Marcos TX 78666

The estimated value of this property is $332,414, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $221,000 and $231,000. 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. Built in 2016, this home is 9 years newer than the average comp, which is reflected in the adjustments. The 1.47 acre lot (smaller than the 1.81 acre average) is reflected in the estimate. 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 8.7% since 6 months ago. The most comparable recent sale is 212 Fox RD, San Marcos TX 78666, with an adjusted value of $302,012; with a larger floor plan. 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