106 Shenandoah TRL, Elgin TX 78621

The market data from 4 similar recent sales in 78621 points to a value of approximately $214,135. To sell within a reasonable timeframe at fair market value, the $170,000 to $180,000 range is where I'd position this. Against 7 similar active listings in 78621, this price point lands at the 4th most expensive of 7 comparable homes on the market. At 170 sqft smaller than the typical comp, the size difference factors into the valuation. Right now, 7 similar properties are competing for buyers in 78621, listed between $180,000 and $249,900. In 78621, home values have fallen approximately 8.3% over the past 6 months. One of the strongest data points is 106 Cavalry TRL, Elgin TX 78621, adjusting to $228,609; a strong comparable. 4 comparable transactions in 78621 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group