105 Teton CIR, San Marcos TX 78666

The estimated value of this property is $765,097, based on 5 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $792,000 and $854,000. In the current SUMMER MOUNTAIN RANCH market with 2 similar homes available, this price represents the most expensive of 2 comparable homes on the market. The larger floor plan (321 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1997, this home is 12 years older than the average comp, which is reflected in the adjustments. Current inventory shows 2 comparable homes in SUMMER MOUNTAIN RANCH; a buyer's market based on recent absorption. Recent trends in 78666 show home values have fallen 10.5% since 6 months ago. The most comparable recent sale is 8305 OZARK DR, San Marcos TX 78666, with an adjusted value of $779,898; a strong comparable. With 5 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