118 Tanglewood CV, Elgin TX 78621

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $363,426. Pricing this home between $353,000 and $374,000 would put it in the competitive sweet spot for FOREST RIDGE ESTATES. This home's position in the current FOREST RIDGE ESTATES market: below the only comparable home currently on the market among comparable properties. Being 287 sqft smaller than the average comparable sale in this area impacts the per square foot value. The smaller lot (5.19 acres versus the area average of 6.08) contributes to the valuation. There are currently 1 similar homes on the market in FOREST RIDGE ESTATES, ranging from $599,000 to $599,000. Market data shows 78621 prices fallen 8.3% over the last half year. The closest comparable sale, 142 Moore LN, Elgin TX 78621 at an adjusted $373,416, is a strong comparable. With 7 comparable sales in FOREST RIDGE ESTATES, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group