107 Gettysburg, Elgin TX 78621

The market data from 7 similar recent sales in SHENANDOAH points to a value of approximately $286,425. To sell within a reasonable timeframe at fair market value, the $286,000 to $292,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 3 comparable homes on the market comparable homes currently on the market in SHENANDOAH. The 531 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.15 acres, the lot is smaller than the 0.60 acre comp average, which factors into pricing. Right now, 3 similar properties are competing for buyers in SHENANDOAH, listed between $265,000 and $299,900. In SHENANDOAH, home values have fallen approximately 9.2% over the past 6 months. One of the strongest data points is 320 Gettysburg LOOP, Elgin TX 78621, adjusting to $249,704; a strong comparable. 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