118 Briarwood LN, Elgin TX 78621

My analysis of 7 comparable properties puts this home's estimated value at $545,372. Based on how the local market is moving, a list price between $627,000 and $638,000 would position this home well. This pricing would rank the home as the 3rd least expensive of 7 comparable homes on the market in CEDAR HILLS's current inventory. This home's larger footprint (371 sqft vs the comp average) plays a role in how the market prices it. At 22 years older than typical comps, the 1983 build date influences the valuation. With 7 similar homes currently listed in CEDAR HILLS (a buyer's market), competition is a factor to consider. The 6 month price trend in 78621: fallen 8.3%. The best comp here is 119 Maple Leaf TRL, Elgin TX 78621 at an adjusted value of $614,277, with a larger floor plan. The comp data here (7 sales in CEDAR HILLS) 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