119 Bendecido LOOP, Elgin TX 78621

Reviewing the most recent comparable transactions, this home's market value falls around $389,233. For a well positioned listing in TRINITY RANCH, I'd target the $364,000 to $373,000 range. In the current TRINITY RANCH market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. The 310 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.17 acres, the lot is larger than the 0.13 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in TRINITY RANCH; a buyer's market based on recent absorption. Recent trends in TRINITY RANCH show home values have fallen 8.9% since 6 months ago. The most comparable recent sale is 236 Gullivers DR, Elgin TX 78621, with an adjusted value of $412,720; with a smaller floor plan. 3 comparable transactions in TRINITY RANCH support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group