1090 Willis WAY, San Marcos TX 78666

The market data from 3 similar recent sales in MORNINGWOOD points to a value of approximately $262,969. To sell within a reasonable timeframe at fair market value, the $300,000 to $648,000 range is where I'd position this. Against 3 similar active listings in MORNINGWOOD, this price point lands at the 2nd most expensive of 3 comparable homes on the market. The larger floor plan (132 sqft compared to the average comp) is a meaningful differentiator in this price range. At 1.00 acres, the lot is larger than the 0.93 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in MORNINGWOOD; based on recent absorption. In MORNINGWOOD, home values have risen approximately 1.6% over the past 6 months. One of the strongest data points is 860 Morningwood DR, San Marcos TX 78666, adjusting to $300,083; with a smaller floor plan. 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