1075 Willis WAY, San Marcos TX 78666

Based on 5 closed sales in MORNINGWOOD, the data points to a value around $299,000 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $230,000 to $240,000. This pricing would rank the home as the most expensive of 2 comparable homes on the market in MORNINGWOOD's current inventory. The 116 sqft size difference versus comparable sales is reflected in the adjusted values. Lot size matters here: 1.65 acres versus 1.13 for the typical comp. Buyers in MORNINGWOOD have 2 comparable options right now, with asking prices between $240,000 and $435,000. Market data shows MORNINGWOOD prices fallen 49.3% over the last half year. The closest comparable sale, 860 Morningwood DR, San Marcos TX 78666 at an adjusted $298,484, is a strong comparable. The strength of this estimate comes from 5 directly comparable sales in MORNINGWOOD. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group