2801 Summit Ridge DR, San Marcos TX 78666

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $864,968. To generate strong buyer interest while maximizing value, I'd price this between $719,000 and $729,000. In the current 78666 market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. At 261 sqft smaller than the typical comp, the size difference factors into the valuation. At 1.07 acres, the lot is larger than the 1.03 acre comp average, which factors into pricing. With 7 similar homes currently listed in 78666 (a buyer's market), competition is a factor to consider. The trend in 78666 shows prices have fallen 7.3% in the past 6 months. 2400 Summit Ridge DR, San Marcos TX 78666 nearby adjusts to $879,009; with a smaller floor plan and a pool. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group