700 Cascade TRL, San Marcos TX 78666

The estimated value of this property is $633,915, based on 5 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $691,000 and $752,000. At this price, the property would be the most expensive of 2 comparable homes on the market comparable homes currently on the market in SUMMER MOUNTAIN RANCH. This home's smaller footprint (350 sqft vs the comp average) plays a role in how the market prices it. Built in 2002, this home is 10 years older than the average comp, which is reflected in the adjustments. Right now, 2 similar properties are competing for buyers in SUMMER MOUNTAIN RANCH, listed between $640,000 and $985,000. Recent trends in 78666 show home values have fallen 12.5% since 6 months ago. The most comparable recent sale is 655 Cascade TRL, San Marcos TX 78666, with an adjusted value of $569,394; with a smaller floor plan. Based on 5 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