1202 Thorpe # 704, San Marcos TX 78666

My analysis of 3 comparable properties puts this home's estimated value at $210,792. Based on how the local market is moving, a list price between $204,000 and $217,000 would position this home well. Relative to what's currently available in 78666, this home would be the 3rd most expensive of 5 comparable homes on the market. The smaller lot (0.00 acres versus the area average of 0.36) contributes to the valuation. Current inventory shows 5 comparable homes in 78666; a buyer's market based on recent absorption. The 6 month price trend in 78666: fallen 12.8%. The best comp here is 1013 Chestnut ST # 5, San Marcos TX 78666 at an adjusted value of $208,662, a strong comparable. The comp data here (3 sales in 78666) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus