1202 Thorpe LN # 505, San Marcos TX 78666

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $227,949. I'd recommend coming to market at $174,000 to $184,000 to strike the right balance between value and market velocity. Against 7 similar active listings in VILLAGE SPRINGTOWN CONDOS, this price point lands at the most expensive of 7 comparable homes on the market. The 3.97 acre lot (larger than the 1.73 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in VILLAGE SPRINGTOWN CONDOS; a buyer's market based on recent absorption. The trend in 78666 shows prices have fallen 13.3% in the past 6 months. 1013 Chestnut ST # 5, San Marcos TX 78666 nearby adjusts to $252,386; a strong comparable. Based on 7 relevant data points in VILLAGE SPRINGTOWN CONDOS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX