1343 Cascade TRL, San Marcos TX 78666

The estimated value of this property is $745,842, based on 4 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $497,000 and $507,000. In the current SUMMER MOUNTAIN RANCH market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. Being 734 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 2002, this home is 7 years older than the average comp, which is reflected in the adjustments. With 3 similar homes currently listed in SUMMER MOUNTAIN RANCH (a buyer's market), competition is a factor to consider. Recent trends in 78666 show home values have fallen 6.1% since 6 months ago. The most comparable recent sale is 900 Appalachian TRL, San Marcos TX 78666, with an adjusted value of $793,430; with a smaller floor plan. With 4 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