112 Spirit ST, Elgin TX 78621

The market data from 7 similar recent sales in TRINITY RANCH points to a value of approximately $351,531. To sell within a reasonable timeframe at fair market value, the $355,000 to $359,000 range is where I'd position this. At this price, the property would be the most affordable of 7 comparable homes on the market comparable homes currently on the market in TRINITY RANCH. This home's larger footprint (190 sqft vs the comp average) plays a role in how the market prices it. At 0.14 acres, the lot is larger than the 0.11 acre comp average, which factors into pricing. Buyers in TRINITY RANCH have 7 comparable options right now, with asking prices between $337,720 and $358,725. In TRINITY RANCH, home values have fallen approximately 5.1% over the past 6 months. One of the strongest data points is 224 Bendecido LOOP, Elgin TX 78621, adjusting to $361,752; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group