8212 Stone Mountain TRL, San Marcos TX 78666

The market data from 7 similar recent sales in SUMMER MOUNTAIN RANCH points to a value of approximately $777,676. To sell within a reasonable timeframe at fair market value, the $532,000 to $542,000 range is where I'd position this. At this price, the property would be the 3rd most expensive of 5 comparable homes on the market comparable homes currently on the market in SUMMER MOUNTAIN RANCH. The 841 sqft size difference versus comparable sales is reflected in the adjusted values. At 5.02 acres, the lot is smaller than the 6.55 acre comp average, which factors into pricing. Right now, 5 similar properties are competing for buyers in SUMMER MOUNTAIN RANCH, listed between $499,999 and $1,250,000. In 78666, home values have fallen approximately 9.5% over the past 6 months. One of the strongest data points is 900 Appalachian TRL, San Marcos TX 78666, adjusting to $826,107; with a smaller floor plan. 7 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