203 S Mitchell ST # 1, San Marcos TX 78666

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $264,379. I'd recommend coming to market at $138,000 to $148,000 to strike the right balance between value and market velocity. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in 78666. The smaller floor plan (526 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1988, this home is 20 years newer than the average comp, which is reflected in the adjustments. Buyers in 78666 have 7 comparable options right now, with asking prices between $125,000 and $239,000. The trend in 78666 shows prices have fallen 13.2% in the past 6 months. 1221 W Hopkins ST # 16, San Marcos TX 78666 nearby adjusts to $110,126; a strong comparable. Based on 7 relevant data points in 78666, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX