125 WOODY LN, Elgin TX 78621

My analysis of 7 comparable properties puts this home's estimated value at $498,968. Based on how the local market is moving, a list price between $599,000 and $621,000 would position this home well. Buyers shopping in 78621 right now would see this as a well positioned option among 3 comparable homes. Having a pool is a plus; 5 of the 7 comps lacked one. The larger lot (9.50 acres versus the area average of 5.91) contributes to the valuation. There are currently 3 similar homes on the market in 78621, ranging from $499,900 to $625,000. The 6 month price trend in 78621: fallen 6.6%. The best comp here is 148 Meadows DR, Elgin TX 78621 at an adjusted value of $431,322, a strong comparable. 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