Ed's Opinion of Value

$214,791 Ed's Estimate: $237,258 $334,900
Lowest Comp Recommended List: $295,000 to $301,000 Highest Comp
The market data from 7 similar recent sales in BLANCO VISTA - HERITAGE POINT points to a value of approximately $237,258. To sell within a reasonable timeframe at fair market value, the $295,000 to $301,000 range is where I'd position this. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in BLANCO VISTA - HERITAGE POINT. The 109 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.00 acres, the lot is smaller than the 0.13 acre comp average, which factors into pricing. With 7 similar homes currently listed in BLANCO VISTA - HERITAGE POINT (a buyer's market), competition is a factor to consider. In 78666, home values have fallen approximately 9.5% over the past 6 months. One of the strongest data points is 448 NEW ALBANY LN, San Marcos TX 78666, adjusting to $256,382; a strong comparable. 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
3 Beds
2 Baths
1,571 Sq Ft

Location

Property Details

Property Type Residential
County Hays
MLS # 5796185

Listing History

MLS# 5796185 98 days
Jul 28, 2016 Off Market
Apr 11, 2016 Listed $242,352

Frequently Asked Questions About 722 Silo ST, San Marcos TX 78666

How much does 722 Silo ST, San Marcos TX 78666 cost?

722 Silo ST, San Marcos TX 78666 sold on July 28, 2016. Contact us for sale price details.

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