117 Big Muhly PASS, San Marcos TX 78666

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $588,604. I'd recommend coming to market at $511,000 to $521,000 to strike the right balance between value and market velocity. Against 7 similar active listings in LA CIMA, this price point lands at the 4th most expensive of 7 comparable homes on the market. Being 138 sqft larger than the average comparable sale in this area impacts the per square foot value. Current inventory shows 7 comparable homes in LA CIMA; a balanced market based on recent absorption. The trend in LA CIMA shows prices have fallen 4.8% in the past 6 months. 212 Carolina Jasmine DR, San Marcos TX 78666 nearby adjusts to $598,273; 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