106 Valley Run TRL, Elgin TX 78621

The market data from 7 similar recent sales in SHENANDOAH points to a value of approximately $263,717. To sell within a reasonable timeframe at fair market value, the $208,000 to $218,000 range is where I'd position this. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in SHENANDOAH. This home's smaller footprint (607 sqft vs the comp average) plays a role in how the market prices it. At 0.15 acres, the lot is smaller than the 0.20 acre comp average, which factors into pricing. Buyers in SHENANDOAH have 7 comparable options right now, with asking prices between $192,900 and $271,300. In SHENANDOAH, home values have fallen approximately 8.6% over the past 6 months. One of the strongest data points is 209 Antietam DR, Elgin TX 78621, adjusting to $275,340; with a smaller floor plan. 7 comparable transactions in SHENANDOAH 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