112 Ethan DR, Elgin TX 78621

My analysis of 7 comparable properties puts this home's estimated value at $437,102. Based on how the local market is moving, a list price between $495,000 and $553,000 would position this home well. This home's position in the current 78621 market: the most affordable of 2 comparable homes on the market among comparable properties. Having a pool is a plus; 6 of the 7 comps lacked one. The smaller lot (2.17 acres versus the area average of 6.35) contributes to the valuation. The active market in 78621 includes 2 comparable homes priced from $665,500 to $899,000. The 6 month price trend in 78621: fallen 8.3%. The best comp here is 150 Uriah DR, Elgin TX 78621 at an adjusted value of $338,566, with a smaller floor plan and no pool. With 7 comparable sales in 78621, 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