116 Bexar Forest CV, Elgin TX 78621

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $271,337. I'd recommend coming to market at $301,000 to $302,000 to strike the right balance between value and market velocity. At this price, the property would be the most affordable of 3 comparable homes on the market comparable homes currently on the market in COUNTY LINE. The smaller floor plan (170 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.23 acre lot (larger than the 0.16 acre average) is reflected in the estimate. Current inventory shows 3 comparable homes in COUNTY LINE; a buyer's market based on recent absorption. The trend in 78621 shows prices have fallen 8.3% in the past 6 months. 17816 Honey Locust LN, Elgin TX 78621 nearby adjusts to $219,420; a strong comparable. Based on 6 relevant data points in COUNTY LINE, 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