105 Laurel RDG, San Marcos TX 78666

The market data from 3 similar recent sales in SPRING LAKE HILLS points to a value of approximately $412,250. To sell within a reasonable timeframe at fair market value, the $212,000 to $222,000 range is where I'd position this. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in SPRING LAKE HILLS. The larger floor plan (390 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1955 construction puts this home 7 years older than the comp average, a factor in the pricing. 7 similar homes are currently available in SPRING LAKE HILLS, creating a buyer's market for this price range. In 78666, home values have fallen approximately 8.1% over the past 6 months. One of the strongest data points is 1408 Brown ST, San Marcos TX 78666, adjusting to $364,653; with a smaller floor plan. The 3 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