111 Cavalry TRL, Elgin TX 78621

Reviewing the most recent comparable transactions, this home's market value falls around $254,575. For a well positioned listing in 78621, I'd target the $301,000 to $304,000 range. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in 78621. This home's larger footprint (191 sqft vs the comp average) plays a role in how the market prices it. With 7 similar homes currently listed in 78621 (a buyer's market), competition is a factor to consider. Recent trends in 78621 show home values have fallen 8.3% since 6 months ago. The most comparable recent sale is 18412 Sunhaven CV, Elgin TX 78621, with an adjusted value of $265,694; a strong comparable. 3 comparable transactions in 78621 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