125 Shenandoah, Elgin TX 78621

The estimated value of this property is $240,315, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $253,000 and $262,000. Against 4 similar active listings in SHENANDOAH, this price point lands at the most expensive of 4 comparable homes on the market. At 693 sqft smaller than the typical comp, the size difference factors into the valuation. The 0.15 acre lot (smaller than the 0.36 acre average) is reflected in the estimate. The active market in SHENANDOAH includes 4 comparable homes priced from $225,000 to $280,000. Recent trends in SHENANDOAH show home values have fallen 9.2% since 6 months ago. The most comparable recent sale is 212 Valley Run TRL, Elgin TX 78621, with an adjusted value of $225,318; with a larger floor plan. Based on 7 relevant data points in SHENANDOAH, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX