1230 Willis WAY, San Marcos TX 78666

After reviewing 4 recent transactions in MORNINGWOOD, I estimate this property's value at $235,597. A competitive list price for this home right now would fall in the $231,000 to $240,000 range. Relative to what's currently available in MORNINGWOOD, this home would be no active comparable homes on the market. At 6 years newer than typical comps, the 2008 build date influences the valuation. The larger lot (1.00 acres versus the area average of 0.95) contributes to the valuation. Prices in 78666 have fallen 5.7% over the last 6 months. A similar home at 1185 Willis WAY, San Marcos TX 78666 carries an adjusted comparable value of $248,141, providing a strong data point. With 4 comparable sales in MORNINGWOOD, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group