1013 S San Marcos ST, Manor TX 78653

The market data from 7 similar recent sales in LAGOS points to a value of approximately $434,570. To sell within a reasonable timeframe at fair market value, the $464,000 to $467,000 range is where I'd position this. At this price, the property would be the most affordable of 7 comparable homes on the market comparable homes currently on the market in LAGOS. The 2019 construction puts this home 5 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in LAGOS; a balanced market based on recent absorption. In LAGOS, home values have fallen approximately 5% over the past 6 months. One of the strongest data points is 13320 Cerro Castellan TRCE, Manor TX 78653, adjusting to $427,794; with a smaller floor plan. 7 comparable transactions in LAGOS 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