103 Live Oak, Elgin TX 78621

Based on 7 closed sales in CEDAR HILLS, the data points to a value around $292,257 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $320,000 to $360,000. This home's position in the current CEDAR HILLS market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. The 121 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 2004 (10 years older than comps) is factored into the value estimate. With 3 similar homes currently listed in CEDAR HILLS (a buyer's market), competition is a factor to consider. Market data shows 78621 prices fallen 8.3% over the last half year. The closest comparable sale, 230 Cedar Hills DR, Elgin TX 78621 at an adjusted $360,336, is with a larger floor plan. 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