104 Tanglewood TRL, Elgin TX 78621

The market data from 7 similar recent sales in CEDAR HILLS points to a value of approximately $315,157. To sell within a reasonable timeframe at fair market value, the $342,000 to $353,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 3 comparable homes on the market comparable homes currently on the market in CEDAR HILLS. The 1978 construction puts this home 16 years older than the comp average, a factor in the pricing. At 0.74 acres, the lot is smaller than the 1.38 acre comp average, which factors into pricing. 3 similar homes are currently available in CEDAR HILLS, creating a buyer's market for this price range. In 78621, home values have fallen approximately 8.3% over the past 6 months. One of the strongest data points is 115 Pine Cone LN, Elgin TX 78621, adjusting to $353,052; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group