1202 Thorpe LN # 707, San Marcos TX 78666

The market data from 7 similar recent sales in VILLAGE SPRINGTOWN CONDOS points to a value of approximately $204,519. To sell within a reasonable timeframe at fair market value, the $99,000 to $109,000 range is where I'd position this. Against 7 similar active listings in VILLAGE SPRINGTOWN CONDOS, this price point lands at the 2nd most expensive of 7 comparable homes on the market. At 138 sqft smaller than the typical comp, the size difference factors into the valuation. At 3.97 acres, the lot is larger than the 1.49 acre comp average, which factors into pricing. 7 similar homes are currently available in VILLAGE SPRINGTOWN CONDOS, creating a buyer's market for this price range. In 78666, home values have fallen approximately 12.8% over the past 6 months. One of the strongest data points is 1202 Thorpe LN # 407, San Marcos TX 78666, adjusting to $126,440; with a smaller floor plan. 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