124 FLORA VISTA ST, San Marcos TX 78666

Reviewing the most recent comparable transactions, this home's market value falls around $277,217. For a well positioned listing in TRACE, I'd target the $269,000 to $286,000 range. With 7 comparable homes on the market in TRACE, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. At 0.15 acres, the lot is larger than the 0.11 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in TRACE, ranging from $255,999 to $323,900. Recent trends in TRACE show home values have fallen 11.1% since 6 months ago. The most comparable recent sale is 112 Rollingwood Dr Aly, San Marcos TX 78666, with an adjusted value of $323,688; 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