700 Cascade TRL, San Marcos TX 78666

The estimated value of this property is $707,511, based on 3 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $485,000 and $495,000. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in SUMMER MOUNTAIN RANCH. This home's smaller footprint (634 sqft vs the comp average) plays a role in how the market prices it. Built in 2002, this home is 14 years older than the average comp, which is reflected in the adjustments. Right now, 3 similar properties are competing for buyers in SUMMER MOUNTAIN RANCH, listed between $499,999 and $985,000. Recent trends in 78666 show home values have fallen 8.2% since 6 months ago. The most comparable recent sale is 8054 Stone Mountain TRL, San Marcos TX 78666, with an adjusted value of $689,932; with a larger floor plan. Based on 3 relevant data points in SUMMER MOUNTAIN RANCH, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX