504 Academy Oaks DR, San Marcos TX 78666

The market data from 7 similar recent sales in LA CIMA points to a value of approximately $486,785. To sell within a reasonable timeframe at fair market value, the $502,000 to $511,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 4 comparable homes on the market comparable homes currently on the market in LA CIMA. The 2018 construction puts this home 7 years older than the comp average, a factor in the pricing. With 4 similar homes currently listed in LA CIMA (a balanced market), competition is a factor to consider. In LA CIMA, home values have fallen approximately 8.8% over the past 6 months. One of the strongest data points is 1123 Rusty Blackhaw TRL, San Marcos TX 78666, adjusting to $501,144; a strong comparable. The 7 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