100 Burnet Forest CV, Elgin TX 78621

Reviewing the most recent comparable transactions, this home's market value falls around $316,142. For a well positioned listing in COUNTY LINE, I'd target the $264,000 to $274,000 range. In the current COUNTY LINE market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. Being 560 sqft larger than the average comparable sale in this area impacts the per square foot value. At 0.25 acres, the lot is larger than the 0.17 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in COUNTY LINE; a buyer's market based on recent absorption. Recent trends in 78621 show home values have fallen 8.3% since 6 months ago. The most comparable recent sale is 100 Blanco Woods BLVD, Elgin TX 78621, with an adjusted value of $314,211; 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