118 Loblolly, Elgin TX 78621

Based on 7 closed sales in CEDAR HILLS, the data points to a value around $494,715 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $338,000 to $348,000. This pricing would rank the home as the 3rd most expensive of 7 comparable homes on the market in CEDAR HILLS's current inventory. The 294 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 2016 (19 years newer than comps) is factored into the value estimate. Buyers in CEDAR HILLS have 7 comparable options right now, with asking prices between $345,000 and $574,900. Market data shows 78621 prices fallen 10% over the last half year. The closest comparable sale, 230 Cedar Hills DR, Elgin TX 78621 at an adjusted $435,917, is a strong comparable. 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