1007 Old Sayers RD, Elgin TX 78621

After reviewing 7 recent transactions in STOVAL, GEO, I estimate this property's value at $624,771. A competitive list price for this home right now would fall in the $537,000 to $547,000 range. Relative to what's currently available in STOVAL, GEO, this home would be the most expensive of 6 comparable homes on the market. Being 767 sqft larger than the average comparable sale in this area impacts the per square foot value. At 5 years newer than typical comps, the 2012 build date influences the valuation. There are currently 6 similar homes on the market in STOVAL, GEO, ranging from $549,000 to $662,000. Prices in 78621 have fallen 8.2% over the last 6 months. A similar home at 315 Arbors CIR, Elgin TX 78621 carries an adjusted comparable value of $629,269, providing a strong data point. With 7 comparable sales in STOVAL, GEO, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group