104 Lost Pine ST, Elgin TX 78621

After reviewing 7 recent transactions in CEDAR HILLS, I estimate this property's value at $360,265. A competitive list price for this home right now would fall in the $274,000 to $284,000 range. Buyers shopping in CEDAR HILLS right now would see this as a well positioned option among 5 comparable homes. The larger lot (1.00 acres versus the area average of 0.62) contributes to the valuation. Current inventory shows 5 comparable homes in CEDAR HILLS; a buyer's market based on recent absorption. Prices in 78621 have fallen 8.3% over the last 6 months. A similar home at 115 Pine Cone LN, Elgin TX 78621 carries an adjusted comparable value of $418,426, providing a strong data point. With 7 comparable sales in CEDAR HILLS, 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