100 Terra DR, Elgin TX 78621

Based on 7 closed sales in TERRA, the data points to a value around $274,880 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $295,000 to $299,000. Buyers shopping in TERRA right now would see this as a well positioned option among 6 comparable homes. Being built in 2008 (6 years newer than comps) is factored into the value estimate. Lot size matters here: 0.25 acres versus 0.14 for the typical comp. Right now, 6 similar properties are competing for buyers in TERRA, listed between $258,900 and $344,999. Market data shows 78621 prices fallen 3.3% over the last half year. The closest comparable sale, 165 Two Bits LN, Elgin TX 78621 at an adjusted $314,811, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus