182 Morningwood DR, San Marcos TX 78666

After reviewing 6 recent transactions in 78666, I estimate this property's value at $224,173. A competitive list price for this home right now would fall in the $220,000 to $229,000 range. This pricing would rank the home as below the only comparable home currently on the market in 78666's current inventory. At 6 years newer than typical comps, the 2008 build date influences the valuation. The smaller lot (0.75 acres versus the area average of 0.97) contributes to the valuation. The active market in 78666 includes 1 comparable homes priced from $224,999 to $224,999. Prices in 78666 have fallen 7.6% over the last 6 months. A similar home at 1185 Willis WAY, San Marcos TX 78666 carries an adjusted comparable value of $250,190, providing a strong data point. The comp data here (6 sales in 78666) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus