1001 Wayne Ridge DR, San Marcos TX 78666

The market data from 3 similar recent sales in MORNINGWOOD points to a value of approximately $208,686. To sell within a reasonable timeframe at fair market value, the $202,000 to $215,000 range is where I'd position this. At this price, the property would be the most affordable of 2 comparable homes on the market comparable homes currently on the market in MORNINGWOOD. At 115 sqft larger than the typical comp, the size difference factors into the valuation. The 1997 construction puts this home 5 years older than the comp average, a factor in the pricing. 2 similar homes are currently available in MORNINGWOOD, creating for this price range. In MORNINGWOOD, home values have risen approximately 1.6% over the past 6 months. One of the strongest data points is 665 Morningwood DR, San Marcos TX 78666, adjusting to $130,310; a strong comparable. 3 comparable transactions in MORNINGWOOD 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