1906 Castle Gate CIR, San Marcos TX 78666

The market data from 5 similar recent sales in CASTLE FOREST points to a value of approximately $252,861. To sell within a reasonable timeframe at fair market value, the $140,000 to $150,000 range is where I'd position this. With 5 comparable homes on the market in CASTLE FOREST, this price positions the property as the 3rd most expensive of 5 comparable homes on the market. The 1980 construction puts this home 7 years older than the comp average, a factor in the pricing. At 0.13 acres, the lot is smaller than the 0.17 acre comp average, which factors into pricing. Current inventory shows 5 comparable homes in CASTLE FOREST; a buyer's market based on recent absorption. In CASTLE FOREST, home values have fallen approximately 11.2% over the past 6 months. One of the strongest data points is 2003 Lisa LN, San Marcos TX 78666, adjusting to $242,700; a strong comparable. The 5 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