7690 Ranch Road 12, San Marcos TX 78666

The market data from 7 similar recent sales in 78666 points to a value of approximately $1,045,806. To sell within a reasonable timeframe at fair market value, the $1,014,000 to $1,077,000 range is where I'd position this. Among the similar homes currently available in 78666, this price point stands out as competitive. At 1,290 sqft larger than the typical comp, the size difference factors into the valuation. The 2005 construction puts this home 6 years older than the comp average, a factor in the pricing. 1 similar homes are currently available in 78666, creating a buyer's market for this price range. In 78666, home values have fallen approximately 6.4% over the past 6 months. One of the strongest data points is 1900 Backbone RDG, Wimberley TX 78666, adjusting to $1,714,424; with a pool. 7 comparable transactions in 78666 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group