1202 Thorpe LN # 204, San Marcos TX 78666

The market data from 3 similar recent sales in VILLAGE SPRINGTOWN CONDOS points to a value of approximately $134,416. To sell within a reasonable timeframe at fair market value, the $132,000 to $137,000 range is where I'd position this. With 5 comparable homes on the market in VILLAGE SPRINGTOWN CONDOS, this price positions the property as the 2nd most expensive of 5 comparable homes on the market. At 0.00 acres, the lot is smaller than the 1.08 acre comp average, which factors into pricing. Current inventory shows 5 comparable homes in VILLAGE SPRINGTOWN CONDOS; a buyer's market based on recent absorption. In 78666, home values have fallen approximately 6.7% over the past 6 months. One of the strongest data points is 1624 Aquarena Springs DR # D129, San Marcos TX 78666, adjusting to $145,738; a strong comparable. The 3 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