1624 Aquarena Springs DR # 125, San Marcos TX 78666

The market data from 7 similar recent sales in PARK NORTH CONDOS points to a value of approximately $165,940. To sell within a reasonable timeframe at fair market value, the $183,000 to $265,000 range is where I'd position this. With 3 comparable homes on the market in PARK NORTH CONDOS, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. This home's smaller footprint (288 sqft vs the comp average) plays a role in how the market prices it. At 0.00 acres, the lot is smaller than the 1.73 acre comp average, which factors into pricing. With 3 similar homes currently listed in PARK NORTH CONDOS (a buyer's market), competition is a factor to consider. In 78666, home values have fallen approximately 11.8% over the past 6 months. One of the strongest data points is 1624 Aquarena Springs DR # D129, San Marcos TX 78666, adjusting to $142,135; a strong comparable. 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