717 Barbara DR, San Marcos TX 78666

Reviewing the most recent comparable transactions, this home's market value falls around $173,385. For a well positioned listing in 78666, I'd target the $131,000 to $141,000 range. With 7 comparable homes on the market in 78666, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. The 1950 construction puts this home 9 years older than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 0.20 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in 78666; 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 948 Sycamore ST, San Marcos TX 78666, with an adjusted value of $152,769; a strong comparable. The 5 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