959 CASCADE TRL, San Marcos TX 78666

Reviewing the most recent comparable transactions, this home's market value falls around $758,397. For a well positioned listing in SUMMER MOUNTAIN RANCH, I'd target the $528,000 to $538,000 range. In the current SUMMER MOUNTAIN RANCH market with 4 similar homes available, this price represents the 2nd most expensive of 4 comparable homes on the market. Being 1,070 sqft larger than the average comparable sale in this area impacts the per square foot value. The 1994 construction puts this home 18 years older than the comp average, a factor in the 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 8.9% since 6 months ago. The most comparable recent sale is 8305 OZARK DR, San Marcos TX 78666, with an adjusted value of $841,823; with a smaller floor plan. 4 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