705 S San Marcos ST, Manor TX 78653

Reviewing the most recent comparable transactions, this home's market value falls around $405,761. For a well positioned listing in LAGOS, I'd target the $455,000 to $479,000 range. With 7 comparable homes on the market in LAGOS, this price positions the property as the most affordable of 7 comparable homes on the market. Being 225 sqft larger than the average comparable sale in this area impacts the per square foot value. The 2018 construction puts this home 6 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. Recent trends in LAGOS show home values have fallen 1.3% since 6 months ago. The most comparable recent sale is 13004 Zumpango TRCE, Manor TX 78653, with an adjusted value of $406,434; a strong comparable. 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