421 Armstrong, San Marcos TX 78666

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $204,313. To generate strong buyer interest while maximizing value, I'd price this between $148,000 and $158,000. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in VICTORY GARDENS. Being 1,033 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 1955 construction puts this home 45 years older than the comp average, a factor in the pricing. 1 similar homes are currently available in VICTORY GARDENS, creating a buyer's market for this price range. The trend in 78666 shows prices have fallen 7.3% in the past 6 months. 306 Juarez ST, San Marcos TX 78666 nearby adjusts to $288,750; with a larger floor plan. 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