1314 Brown ST, San Marcos TX 78666

The market data from 7 similar recent sales in CEDAR PLATEAU points to a value of approximately $360,990. To sell within a reasonable timeframe at fair market value, the $436,000 to $510,000 range is where I'd position this. Against 7 similar active listings in CEDAR PLATEAU, this price point lands at the 3rd least expensive of 7 comparable homes on the market. This home's larger footprint (130 sqft vs the comp average) plays a role in how the market prices it. The 1968 construction puts this home 16 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in CEDAR PLATEAU; a buyer's market based on recent absorption. In 78666, home values have fallen approximately 12.6% over the past 6 months. One of the strongest data points is 1408 Brown ST, San Marcos TX 78666, adjusting to $395,492; 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