711 Lovejoy LN, San Marcos TX 78666

Reviewing the most recent comparable transactions, this home's market value falls around $682,333. For a well positioned listing in 78666, I'd target the $487,000 to $497,000 range. At this price, the property would be the 2nd least expensive of 5 comparable homes on the market comparable homes currently on the market in 78666. The 1,634 sqft size difference versus comparable sales is reflected in the adjusted values. The 1997 construction puts this home 7 years older than the comp average, a factor in the pricing. With 5 similar homes currently listed in 78666 (a buyer's market), competition is a factor to consider. Recent trends in 78666 show home values have fallen 7% since 6 months ago. The most comparable recent sale is 135 Barton RD, San Marcos TX 78666, with an adjusted value of $444,500; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group