114 Pecan DR, Elgin TX 78621

After reviewing 4 recent transactions in WOODLAWN, I estimate this property's value at $282,647. A competitive list price for this home right now would fall in the $338,000 to $342,000 range. This pricing would rank the home as the 2nd most expensive of 3 comparable homes on the market in WOODLAWN's current inventory. This home's larger footprint (165 sqft vs the comp average) plays a role in how the market prices it. The larger lot (0.34 acres versus the area average of 0.27) contributes to the valuation. 3 similar homes are currently available in WOODLAWN, creating a buyer's market for this price range. Prices in 78621 have fallen 10.7% over the last 6 months. A similar home at 114 Plum DR, Elgin TX 78621 carries an adjusted comparable value of $323,592, providing a strong data point. The comp data here (4 sales in WOODLAWN) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus