127 Blue Ridge TRL, Elgin TX 78621

Based on 5 closed sales in SHENANDOAH, the data points to a value around $222,372 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $177,000 to $187,000. Buyers shopping in SHENANDOAH right now would see this as a well positioned option among 4 comparable homes. The smaller floor plan (143 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1999 (5 years older than comps) is factored into the value estimate. Buyers in SHENANDOAH have 4 comparable options right now, with asking prices between $180,000 and $239,900. Market data shows SHENANDOAH prices fallen 9.2% over the last half year. The closest comparable sale, 106 Cavalry TRL, Elgin TX 78621 at an adjusted $233,730, is a strong comparable. The strength of this estimate comes from 5 directly comparable sales in SHENANDOAH. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group