106 Wedgewood LN, Elgin TX 78621

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $375,960. I'd recommend coming to market at $365,000 to $387,000 to strike the right balance between value and market velocity. Among the similar homes currently available in CEDAR HILLS, this price point stands out as competitive. Built in 1975, this home is 33 years older than the average comp, which is reflected in the adjustments. The 0.86 acre lot (smaller than the 1.05 acre average) is reflected in the estimate. 7 similar homes are currently available in CEDAR HILLS, creating a buyer's market for this price range. The trend in 78621 shows prices have fallen 8.3% in the past 6 months. 230 Cedar Hills DR, Elgin TX 78621 nearby adjusts to $400,054; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group