955 Sycamore ST, San Marcos TX 78666

Reviewing the most recent comparable transactions, this home's market value falls around $301,652. For a well positioned listing in 78666, I'd target the $226,000 to $236,000 range. In the current 78666 market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. The 1955 construction puts this home 48 years older than the comp average, a factor in the pricing. At 0.23 acres, the lot is smaller than the 0.57 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in 78666; a buyer's market based on recent absorption. Recent trends in 78666 show home values have fallen 7.5% since 6 months ago. The most comparable recent sale is 947 Field ST, San Marcos TX 78666, with an adjusted value of $396,411; with a smaller floor plan. 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