815 Grandview DR, San Marcos TX 78666

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $238,048. I'd recommend coming to market at $245,000 to $264,000 to strike the right balance between value and market velocity. Against 7 similar active listings in 78666, this price point lands at the 3rd most expensive of 7 comparable homes on the market. Being 164 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 2005, this home is 8 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in 78666; a buyer's market based on recent absorption. The trend in 78666 shows prices have fallen 13.2% in the past 6 months. 214 Wild Plum, San Marcos TX 78666 nearby adjusts to $219,078; a strong comparable. Based on 7 relevant data points in 78666, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX