716 Teakmill TRL, San Marcos TX 78666

Reviewing the most recent comparable transactions, this home's market value falls around $493,170. For a well positioned listing in LA CIMA, I'd target the $538,000 to $606,000 range. In the current LA CIMA market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.14 acre comp average, which factors into pricing. With 7 similar homes currently listed in LA CIMA (a balanced market), competition is a factor to consider. Recent trends in LA CIMA show home values have fallen 14.6% since 6 months ago. The most comparable recent sale is 1124 Rusty Blackhaw TRL, San Marcos TX 78666, with an adjusted value of $513,234; 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