112 Mill ST, San Marcos TX 78666

Reviewing the most recent comparable transactions, this home's market value falls around $343,335. For a well positioned listing in CHARLES MEINERS, I'd target the $183,000 to $193,000 range. With 5 comparable homes on the market in CHARLES MEINERS, this price positions the property as the 3rd most expensive of 5 comparable homes on the market. The 1950 construction puts this home 52 years older than the comp average, a factor in the pricing. At 0.32 acres, the lot is larger than the 0.28 acre comp average, which factors into pricing. The active market in CHARLES MEINERS includes 5 comparable homes priced from $150,000 to $449,000. Recent trends in 78666 show home values have fallen 13% since 6 months ago. The most comparable recent sale is 329 Newberry TRL, San Marcos TX 78666, with an adjusted value of $298,020; 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