701 Cascade TRL, San Marcos TX 78666

Reviewing the most recent comparable transactions, this home's market value falls around $755,202. For a well positioned listing in SUMMER MOUNTAIN RANCH, I'd target the $464,000 to $474,000 range. With 4 comparable homes on the market in SUMMER MOUNTAIN RANCH, this price positions the property as the 2nd most expensive of 4 comparable homes on the market. At 517 sqft larger than the typical comp, the size difference factors into the valuation. At 5.11 acres, the lot is smaller than the 5.87 acre comp average, which factors into pricing. 4 similar homes are currently available in SUMMER MOUNTAIN RANCH, creating a buyer's market for this price range. Recent trends in 78666 show home values have fallen 4.3% since 6 months ago. The most comparable recent sale is 900 Appalachian TRL, San Marcos TX 78666, with an adjusted value of $785,973; a strong comparable. 3 comparable transactions in SUMMER MOUNTAIN RANCH support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group