105 Shugart ST, San Marcos TX 78666

Reviewing the most recent comparable transactions, this home's market value falls around $282,888. For a well positioned listing in TRACE, I'd target the $304,000 to $309,000 range. Against 7 similar active listings in TRACE, this price point lands at the 2nd least expensive of 7 comparable homes on the market. The larger floor plan (121 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.18 acres, the lot is larger than the 0.15 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in TRACE, ranging from $279,500 to $323,900. Recent trends in TRACE show home values have fallen 0.4% since 6 months ago. The most comparable recent sale is 140 FLORA VISTA ST, San Marcos TX 78666, with an adjusted value of $287,717; a strong comparable. 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