150 Morningmist CT, San Marcos TX 78666

The market data from 7 similar recent sales in MORNINGWOOD points to a value of approximately $218,594. To sell within a reasonable timeframe at fair market value, the $290,000 to $320,000 range is where I'd position this. At this price, the property would be the most affordable of 2 comparable homes on the market comparable homes currently on the market in MORNINGWOOD. Being 803 sqft larger than the average comparable sale in this area impacts the per square foot value. The 2008 construction puts this home 6 years newer than the comp average, a factor in the pricing. Current inventory shows 2 comparable homes in MORNINGWOOD; a seller's market based on recent absorption. In MORNINGWOOD, home values have fallen approximately 38.9% over the past 6 months. One of the strongest data points is 665 Morningwood DR, San Marcos TX 78666, adjusting to $140,845; 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