829 Old Ranch Road 12, San Marcos TX 78666

My analysis of 7 comparable properties puts this home's estimated value at $250,086. Based on how the local market is moving, a list price between $213,000 and $223,000 would position this home well. Relative to what's currently available in FRANKLIN SQUARE, this home would be the 2nd least expensive of 7 comparable homes on the market. At 5 years older than typical comps, the 1977 build date influences the valuation. The smaller lot (0.10 acres versus the area average of 0.32) contributes to the valuation. Buyers in FRANKLIN SQUARE have 7 comparable options right now, with asking prices between $230,000 and $575,000. The 6 month price trend in 78666: fallen 8.1%. The best comp here is 1333 Chestnut ST, San Marcos TX 78666 at an adjusted value of $223,597, a strong comparable. The comp data here (7 sales in FRANKLIN SQUARE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus