120 Wedgewood LN, Elgin TX 78621

After reviewing 7 recent transactions in CEDAR HILLS, I estimate this property's value at $379,655. A competitive list price for this home right now would fall in the $290,000 to $300,000 range. Buyers shopping in CEDAR HILLS right now would see this as a well positioned option among 7 comparable homes. This home's larger footprint (210 sqft vs the comp average) plays a role in how the market prices it. At 17 years older than typical comps, the 1981 build date influences the valuation. Buyers in CEDAR HILLS have 7 comparable options right now, with asking prices between $260,000 and $550,000. Prices in 78621 have fallen 8.3% over the last 6 months. A similar home at 115 Pine Cone LN, Elgin TX 78621 carries an adjusted comparable value of $428,129, providing a strong data point. With 7 comparable sales in CEDAR HILLS, 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