112 Lazy BR, Elgin TX 78621

The estimated value of this property is $300,499, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $255,000 and $265,000. With 7 comparable homes on the market in CEDAR HILLS, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. Built in 1975, this home is 28 years older than the average comp, which is reflected in the adjustments. The 0.90 acre lot (smaller than the 1.14 acre average) is reflected in the estimate. Buyers in CEDAR HILLS have 7 comparable options right now, with asking prices between $260,000 and $399,500. Recent trends in 78621 show home values have fallen 8.3% since 6 months ago. The most comparable recent sale is 115 Pine Cone LN, Elgin TX 78621, with an adjusted value of $353,733; with a larger floor plan. Based on 7 relevant data points in CEDAR HILLS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX