115 Wedgewood LN, Elgin TX 78621

Based on 7 closed sales in CEDAR HILLS, the data points to a value around $565,651 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $454,000 to $464,000. This home's position in the current CEDAR HILLS market: the 2nd least expensive of 7 comparable homes on the market among comparable properties. A pool adds market appeal. Only 7 minus 6 of the comps had one. Being built in 1985 (20 years older than comps) is factored into the value estimate. Right now, 7 similar properties are competing for buyers in CEDAR HILLS, listed between $365,900 and $699,000. Market data shows 78621 prices fallen 8.3% over the last half year. The closest comparable sale, 128 Pin Oak XING, Elgin TX 78621 at an adjusted $543,266, is with a smaller floor plan and no pool. The strength of this estimate comes from 7 directly comparable sales in CEDAR HILLS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group