1013 Chestnut ST # A1, 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 $237,115. I'd recommend coming to market at $127,000 to $137,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in BENT CONDOS, this price positions the property as the most expensive of 7 comparable homes on the market. Being 311 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 1982, this home is 8 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in BENT CONDOS; a buyer's market based on recent absorption. The trend in 78666 shows prices have fallen 5.8% in the past 6 months. 1013 Chestnut ST # 5, San Marcos TX 78666 nearby adjusts to $209,223; a strong comparable. Based on 7 relevant data points in BENT CONDOS, 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