1212 Lake Terrace DR, Elgin TX 78621

The estimated value of this property is $351,463, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $341,000 and $362,000. With 7 comparable homes on the market in SUNSET HEIGHTS, this price positions the property as the most expensive of 7 comparable homes on the market. Built in 1968, this home is 6 years older than the average comp, which is reflected in the adjustments. The 0.29 acre lot (smaller than the 0.43 acre average) is reflected in the estimate. Buyers in SUNSET HEIGHTS have 7 comparable options right now, with asking prices between $310,000 and $357,490. Recent trends in 78621 show home values have fallen 7.4% since 6 months ago. The most comparable recent sale is 612 Cardinal ST, Elgin TX 78621, with an adjusted value of $332,739; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group