114 Paul Pena DR, San Marcos TX 78666

Reviewing the most recent comparable transactions, this home's market value falls around $411,843. For a well positioned listing in TRACE SUB PA B SEC, I'd target the $348,000 to $358,000 range. At this price, the property would be the most expensive of 4 comparable homes on the market comparable homes currently on the market in TRACE SUB PA B SEC. The larger floor plan (367 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.23 acres, the lot is larger than the 0.16 acre comp average, which factors into pricing. The active market in TRACE SUB PA B SEC includes 4 comparable homes priced from $325,000 to $375,000. Recent trends in TRACE SUB PA B SEC show home values have fallen 0.9% since 6 months ago. The most comparable recent sale is 241 Snowbell ST, San Marcos TX 78666, with an adjusted value of $413,261; 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