1234 Lake Terrace DR, Elgin TX 78621

My analysis of 7 comparable properties puts this home's estimated value at $282,571. Based on how the local market is moving, a list price between $295,000 and $312,000 would position this home well. This pricing would rank the home as the 3rd least expensive of 7 comparable homes on the market in SUNSET HEIGHTS's current inventory. At 27 years older than typical comps, the 1970 build date influences the valuation. The larger lot (0.28 acres versus the area average of 0.18) contributes to the valuation. Buyers in SUNSET HEIGHTS have 7 comparable options right now, with asking prices between $245,000 and $325,000. The 6 month price trend in 78621: fallen 8.3%. The best comp here is 118 Anderson DR, Elgin TX 78621 at an adjusted value of $324,254, a strong comparable. The comp data here (7 sales in SUNSET HEIGHTS) 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