743 W Martin Luther King DR, San Marcos TX 78666

The estimated value of this property is $193,335, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $157,000 and $167,000. With 7 comparable homes on the market in 78666, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. Being 121 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 1948, this home is 50 years older than the average comp, which is reflected in the adjustments. Right now, 7 similar properties are competing for buyers in 78666, listed between $149,000 and $255,000. Recent trends in 78666 show home values have fallen 12.9% since 6 months ago. The most comparable recent sale is 213 Ebony ST, San Marcos TX 78666, with an adjusted value of $162,914; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group