1624 Aquarena Springs DR # 114, San Marcos TX 78666

After reviewing 7 recent transactions in PARK NORTH CONDOS, I estimate this property's value at $166,502. A competitive list price for this home right now would fall in the $178,000 to $183,000 range. This pricing would rank the home as the 2nd most expensive of 3 comparable homes on the market in PARK NORTH CONDOS's current inventory. Being 288 sqft smaller than the average comparable sale in this area impacts the per square foot value. The smaller lot (0.00 acres versus the area average of 1.73) contributes to the valuation. Current inventory shows 3 comparable homes in PARK NORTH CONDOS; a buyer's market based on recent absorption. Prices in 78666 have fallen 12.6% over the last 6 months. A similar home at 1624 Aquarena Springs DR # D129, San Marcos TX 78666 carries an adjusted comparable value of $142,600, providing a strong data point. With 7 comparable sales in PARK NORTH CONDOS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group