1391 Morningwood DR, San Marcos TX 78666

The market data from 7 similar recent sales in MORNINGWOOD points to a value of approximately $285,383. To sell within a reasonable timeframe at fair market value, the $277,000 to $294,000 range is where I'd position this. Against 1 similar active listings in MORNINGWOOD, this price point lands at below the only comparable home currently on the market. Being 1,517 sqft larger than the average comparable sale in this area impacts the per square foot value. At 2.10 acres, the lot is larger than the 0.97 acre comp average, which factors into pricing. Right now, 1 similar properties are competing for buyers in MORNINGWOOD, listed between $844,900 and $844,900. In MORNINGWOOD, home values have risen approximately 1.6% over the past 6 months. One of the strongest data points is 859 Morningwood DR, San Marcos TX 78666, adjusting to $406,114; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group