12218 Ballerstedt RD, Elgin TX 78621

My analysis of 7 comparable properties puts this home's estimated value at $299,066. Based on how the local market is moving, a list price between $256,000 and $266,000 would position this home well. This pricing would rank the home as the most expensive of 7 comparable homes on the market in 78621's current inventory. The 316 sqft size difference versus comparable sales is reflected in the adjusted values. At 7 years older than typical comps, the 1996 build date influences the valuation. With 7 similar homes currently listed in 78621 (a buyer's market), competition is a factor to consider. The 6 month price trend in 78621: fallen 8.3%. The best comp here is 12856 Saint Mary DR, Manor TX 78653 at an adjusted value of $314,158, with a smaller floor plan. The comp data here (7 sales in 78621) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus