109 Twin Oaks 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 $443,386. I'd recommend coming to market at $211,000 to $221,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in OAK GROVE ESTATES, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. Built in 2001, this home is 8 years newer than the average comp, which is reflected in the adjustments. The 5.00 acre lot (larger than the 3.45 acre average) is reflected in the estimate. There are currently 7 similar homes on the market in OAK GROVE ESTATES, ranging from $230,000 to $517,900. The trend in 78621 shows prices have fallen 11.2% in the past 6 months. 194 Elgin Woods LN, Elgin TX 78621 nearby adjusts to $527,703; a strong comparable. Based on 7 relevant data points in OAK GROVE ESTATES, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX