103 Gettysburg LOOP, Elgin TX 78721

Reviewing the most recent comparable transactions, this home's market value falls around $273,633. For a well positioned listing in SHENANDOAH, I'd target the $302,000 to $305,000 range. At this price, the property would be the 2nd least expensive of 5 comparable homes on the market comparable homes currently on the market in SHENANDOAH. The 2003 construction puts this home 6 years older than the comp average, a factor in the pricing. At 0.19 acres, the lot is larger than the 0.16 acre comp average, which factors into pricing. 5 similar homes are currently available in SHENANDOAH, creating a buyer's market for this price range. Recent trends in SHENANDOAH show home values have fallen 9.2% since 6 months ago. The most comparable recent sale is 320 Gettysburg LOOP, Elgin TX 78621, with an adjusted value of $242,906; a strong comparable. 6 comparable transactions in SHENANDOAH support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group