1200 Cascade TRL, San Marcos TX 78666

The estimated value of this property is $630,946, based on 6 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $709,000 and $770,000. Against 4 similar active listings in SUMMER MOUNTAIN RANCH, this price point lands at the 2nd least expensive of 4 comparable homes on the market. This home's smaller footprint (100 sqft vs the comp average) plays a role in how the market prices it. Built in 2004, this home is 7 years older than the average comp, which is reflected in the adjustments. Right now, 4 similar properties are competing for buyers in SUMMER MOUNTAIN RANCH, listed between $625,000 and $1,900,000. Recent trends in 78666 show home values have fallen 12.8% since 6 months ago. The most comparable recent sale is 700 Cascade TRL, San Marcos TX 78666, with an adjusted value of $628,110; with a smaller floor plan. With 6 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