1202 Thorpe LN # 507, San Marcos TX 78666

The market data from 7 similar recent sales in VILLAGE SPRINGTOWN CONDOS points to a value of approximately $229,289. To sell within a reasonable timeframe at fair market value, the $178,000 to $188,000 range is where I'd position this. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in VILLAGE SPRINGTOWN CONDOS. The 122 sqft size difference versus comparable sales is reflected in the adjusted values. At 3.97 acres, the lot is larger than the 1.32 acre comp average, which factors into pricing. With 7 similar homes currently listed in VILLAGE SPRINGTOWN CONDOS (a buyer's market), competition is a factor to consider. In 78666, home values have fallen approximately 12.6% over the past 6 months. One of the strongest data points is 1604 Stokes DR # A, San Marcos TX 78666, adjusting to $242,593; a strong comparable. 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