115 Terra DR, Elgin TX 78621

My analysis of 4 comparable properties puts this home's estimated value at $284,913. Based on how the local market is moving, a list price between $223,000 and $233,000 would position this home well. Buyers shopping in TERRA right now would see this as a well positioned option among 7 comparable homes. At 5 years older than typical comps, the 1999 build date influences the valuation. 7 similar homes are currently available in TERRA, creating a buyer's market for this price range. The 6 month price trend in 78621: fallen 8.3%. The best comp here is 212 Valley Run TRL, Elgin TX 78621 at an adjusted value of $252,998, a strong comparable. The comp data here (4 sales in TERRA) 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