1085 Billy Bluff TRL, San Marcos TX 78666

Based on 7 closed sales in MORNINGWOOD, the data points to a value around $224,709 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $306,000 to $365,000. This pricing would rank the home as the most affordable of 3 comparable homes on the market in MORNINGWOOD's current inventory. At 295 sqft larger than the typical comp, the size difference factors into the valuation. Lot size matters here: 1.41 acres versus 1.00 for the typical comp. Current inventory shows 3 comparable homes in MORNINGWOOD; a balanced market based on recent absorption. Market data shows MORNINGWOOD prices fallen 40.5% over the last half year. The closest comparable sale, 665 Morningwood DR, San Marcos TX 78666 at an adjusted $117,918, is with a larger floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus