120 Sage Meadows DR, San Marcos TX 78666

Reviewing the most recent comparable transactions, this home's market value falls around $335,920. For a well positioned listing in TRACE, I'd target the $326,000 to $346,000 range. At this price, the property would be the 2nd least expensive of 4 comparable homes on the market comparable homes currently on the market in TRACE. The larger floor plan (128 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2018 construction puts this home 6 years older than the comp average, a factor in the pricing. With 4 similar homes currently listed in TRACE (a buyer's market), competition is a factor to consider. Recent trends in TRACE show home values have fallen 0.4% since 6 months ago. The most comparable recent sale is 204 Horsemint WAY, San Marcos TX 78666, with an adjusted value of $351,160; with a smaller floor plan. The 4 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