110 Burnet Forest, Elgin TX 78621

My analysis of 4 comparable properties puts this home's estimated value at $309,641. Based on how the local market is moving, a list price between $392,000 and $394,000 would position this home well. Relative to what's currently available in COUNTY LINE, this home would be the 2nd least expensive of 7 comparable homes on the market. The larger lot (0.22 acres versus the area average of 0.18) contributes to the valuation. With 7 similar homes currently listed in COUNTY LINE (a buyer's market), competition is a factor to consider. The 6 month price trend in 78621: fallen 8.3%. The best comp here is 100 Blanco Woods BLVD, Elgin TX 78621 at an adjusted value of $288,089, a strong comparable. With 4 comparable sales in COUNTY LINE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group