122 SW Scott ST SW, San Marcos TX 78666

Reviewing the most recent comparable transactions, this home's market value falls around $256,469. For a well positioned listing in FARM LT, I'd target the $123,000 to $133,000 range. Against 7 similar active listings in FARM LT, this price point lands at the 0th most expensive of 7 comparable homes on the market. Being 354 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 1922 construction puts this home 37 years older than the comp average, a factor in the pricing. The active market in FARM LT includes 7 comparable homes priced from $120,000 to $239,000. Recent trends in 78666 show home values have fallen 7.8% since 6 months ago. The most comparable recent sale is 421 W San Antonio ST # F1, San Marcos TX 78666, with an adjusted value of $203,835; 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