122 Twin Oaks RD, Elgin TX 78621

After reviewing 7 recent transactions in OAK GROVE ESTATES, I estimate this property's value at $411,615. A competitive list price for this home right now would fall in the $283,000 to $293,000 range. This pricing would rank the home as the 0th most expensive of 7 comparable homes on the market in OAK GROVE ESTATES's current inventory. At 11 years newer than typical comps, the 2009 build date influences the valuation. The larger lot (6.99 acres versus the area average of 2.25) contributes to the valuation. 7 similar homes are currently available in OAK GROVE ESTATES, creating a buyer's market for this price range. Prices in 78621 have fallen 11.2% over the last 6 months. A similar home at 194 Elgin Woods LN, Elgin TX 78621 carries an adjusted comparable value of $539,881, providing a strong data point. With 7 comparable sales in OAK GROVE 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