1125 Gravel ST, San Marcos TX 78666

Reviewing the most recent comparable transactions, this home's market value falls around $261,068. For a well positioned listing in CITY VIEW, I'd target the $160,000 to $170,000 range. With 7 comparable homes on the market in CITY VIEW, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. The smaller floor plan (106 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1940 construction puts this home 12 years older than the comp average, a factor in the pricing. Buyers in CITY VIEW have 7 comparable options right now, with asking prices between $149,000 and $295,000. Recent trends in 78666 show home values have fallen 12.8% since 6 months ago. The most comparable recent sale is 216 Armstrong ST, San Marcos TX 78666, with an adjusted value of $315,454; with a larger 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