1202 Thorpe LN # 201, San Marcos TX 78666

The estimated value of this property is $149,847, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $147,000 and $153,000. In the current VILLAGE SPRINGTOWN CONDOS market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. The smaller floor plan (141 sqft compared to the average comp) is a meaningful differentiator in this price range. The 3.97 acre lot (larger than the 1.62 acre average) is reflected in the estimate. There are currently 3 similar homes on the market in VILLAGE SPRINGTOWN CONDOS, ranging from $120,900 to $130,000. Recent trends in 78666 show home values have fallen 5.8% since 6 months ago. The most comparable recent sale is 1202 Thorpe LN # 407, San Marcos TX 78666, with an adjusted value of $112,833; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group