112 Grassy LN, Elgin TX 78621

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $506,089. I'd recommend coming to market at $491,000 to $521,000 to strike the right balance between value and market velocity. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in PLEASANT GROVE ESTATES. The smaller floor plan (220 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2021, this home is 21 years newer than the average comp, which is reflected in the adjustments. Buyers in PLEASANT GROVE ESTATES have 1 comparable options right now, with asking prices between $749,000 and $749,000. The trend in 78621 shows prices have fallen 8.3% in the past 6 months. 121 Grassy LN, Elgin TX 78621 nearby adjusts to $508,023; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group