402 N Fredericksburg ST # 15, San Marcos TX 78666

Based on 7 closed sales in UNIVERSITY PLACE CONDOS, the data points to a value around $160,628 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $118,000 to $128,000. Relative to what's currently available in UNIVERSITY PLACE CONDOS, this home would be the most expensive of 3 comparable homes on the market. The smaller floor plan (645 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1980 (20 years older than comps) is factored into the value estimate. Buyers in UNIVERSITY PLACE CONDOS have 3 comparable options right now, with asking prices between $125,000 and $169,999. Market data shows 78666 prices fallen 8.7% over the last half year. The closest comparable sale, 212 Saltillo ST, San Marcos TX 78666 at an adjusted $122,450, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in UNIVERSITY PLACE CONDOS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group