360 Morningwood DR, San Marcos TX 78666

The market data from 4 similar recent sales in 78666 points to a value of approximately $271,655. To sell within a reasonable timeframe at fair market value, the $229,000 to $239,000 range is where I'd position this. Among the similar homes currently available in 78666, this price point stands out as competitive. The 171 sqft size difference versus comparable sales is reflected in the adjusted values. The 1999 construction puts this home 5 years older than the comp average, a factor in the pricing. With 4 similar homes currently listed in 78666 (a buyer's market), competition is a factor to consider. In 78666, home values have fallen approximately 12.8% over the past 6 months. One of the strongest data points is 860 Morningwood DR, San Marcos TX 78666, adjusting to $286,801; a strong comparable. The 4 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