315 Smith LN, San Marcos TX 78666

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $175,928. To generate strong buyer interest while maximizing value, I'd price this between $131,000 and $141,000. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in J P ELLIS. At 451 sqft smaller than the typical comp, the size difference factors into the valuation. The 1951 construction puts this home 36 years older than the comp average, a factor in the pricing. 7 similar homes are currently available in J P ELLIS, creating a buyer's market for this price range. The trend in 78666 shows prices have fallen 7.4% in the past 6 months. 807 Sturgeon ST, San Marcos TX 78666 nearby adjusts to $179,855; 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