100 Ridgeway DR, San Marcos TX 78666

The market data from 7 similar recent sales in COLLEGE COURTS points to a value of approximately $364,971. To sell within a reasonable timeframe at fair market value, the $153,000 to $163,000 range is where I'd position this. With 7 comparable homes on the market in COLLEGE COURTS, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. This home's larger footprint (115 sqft vs the comp average) plays a role in how the market prices it. The 1965 construction puts this home 5 years older than the comp average, a factor in the pricing. With 7 similar homes currently listed in COLLEGE COURTS (a buyer's market), competition is a factor to consider. In 78666, home values have fallen approximately 12.8% over the past 6 months. One of the strongest data points is 1408 Brown ST, San Marcos TX 78666, adjusting to $363,635; a strong comparable. 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