121 Soledad ST, Elgin TX 78621

My analysis of 7 comparable properties puts this home's estimated value at $389,502. Based on how the local market is moving, a list price between $275,000 and $285,000 would position this home well. This would position the home competitively among 7 active listings in LOS SENDEROS. The smaller lot (0.51 acres versus the area average of 2.37) contributes to the valuation. Current inventory shows 7 comparable homes in LOS SENDEROS; a buyer's market based on recent absorption. The 6 month price trend in 78621: fallen 5%. The best comp here is 194 Elgin Woods LN, Elgin TX 78621 at an adjusted value of $527,652, a strong comparable. With 7 comparable sales in LOS SENDEROS, 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