105 BLUE RDG, Elgin TX 78621

The market data from 3 similar recent sales in SHENANDOAH SUBDIVISION PHASE ONE points to a value of approximately $199,928. To sell within a reasonable timeframe at fair market value, the $259,000 to $264,000 range is where I'd position this. With 7 comparable homes on the market in SHENANDOAH SUBDIVISION PHASE ONE, this price positions the property as the most affordable of 7 comparable homes on the market. The 1999 construction puts this home 7 years older than the comp average, a factor in the pricing. 7 similar homes are currently available in SHENANDOAH SUBDIVISION PHASE ONE, 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 709 Lavaca LOOP, Elgin TX 78621, adjusting to $216,338; a strong comparable. The 3 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