112 Blue RDG, Elgin TX 78621

The market data from 3 similar recent sales in SHENANDOAH points to a value of approximately $205,022. To sell within a reasonable timeframe at fair market value, the $259,000 to $268,000 range is where I'd position this. Against 7 similar active listings in SHENANDOAH, this price point lands at the most affordable of 7 comparable homes on the market. The 2001 construction puts this home 5 years older than the comp average, a factor in the pricing. 7 similar homes are currently available in SHENANDOAH, creating a buyer's market for this price range. In SHENANDOAH, home values have fallen approximately 9.2% over the past 6 months. One of the strongest data points is 13524 Sierra Wind LN, Elgin TX 78621, adjusting to $162,972; a strong comparable. 3 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