816 Lago Vista ST, San Marcos TX 78666

Reviewing the most recent comparable transactions, this home's market value falls around $267,450. For a well positioned listing in HILLS OF HAYS, I'd target the $195,000 to $205,000 range. Against 7 similar active listings in HILLS OF HAYS, this price point lands at the 3rd least expensive of 7 comparable homes on the market. The 1986 construction puts this home 13 years older than the comp average, a factor in the pricing. At 0.12 acres, the lot is smaller than the 0.26 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in HILLS OF HAYS, ranging from $187,999 to $315,000. Recent trends in 78666 show home values have fallen 12.8% since 6 months ago. The most comparable recent sale is 1157 Lago Vista ST, San Marcos TX 78666, with an adjusted value of $314,892; with a larger floor plan. 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