106 Gettysburg, Elgin TX 78621

Reviewing the most recent comparable transactions, this home's market value falls around $314,964. For a well positioned listing in SHENANDOAH, I'd target the $359,000 to $367,000 range. Against 7 similar active listings in SHENANDOAH, this price point lands at the 2nd least expensive of 7 comparable homes on the market. Being 228 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 0.24 acres, the lot is larger than the 0.19 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in SHENANDOAH; a buyer's market based on recent absorption. Recent trends in SHENANDOAH show home values have fallen 9.2% since 6 months ago. The most comparable recent sale is 425 Gettysburg LOOP, Elgin TX 78621, with an adjusted value of $358,797; a strong comparable. The 4 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