111 Forest DR, Elgin TX 78621

After reviewing 7 recent transactions in CEDAR HILLS, I estimate this property's value at $338,047. A competitive list price for this home right now would fall in the $269,000 to $279,000 range. This would position the home competitively among 5 active listings in CEDAR HILLS. At 38 years older than typical comps, the 1978 build date influences the valuation. The larger lot (0.82 acres versus the area average of 0.31) contributes to the valuation. Right now, 5 similar properties are competing for buyers in CEDAR HILLS, listed between $260,000 and $435,000. Prices in 78621 have fallen 8.3% over the last 6 months. A similar home at 115 Pine Cone LN, Elgin TX 78621 carries an adjusted comparable value of $369,397, providing a strong data point. The comp data here (7 sales in CEDAR HILLS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus