127 Shenandoah TRL, Elgin TX 78621

Based on 7 closed sales in SHENANDOAH SUB, the data points to a value around $316,426 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $173,000 to $183,000. Buyers shopping in SHENANDOAH SUB right now would see this as a well positioned option among 7 comparable homes. At 177 sqft larger than the typical comp, the size difference factors into the valuation. Being built in 2001 (8 years newer than comps) is factored into the value estimate. The active market in SHENANDOAH SUB includes 7 comparable homes priced from $201,000 to $799,000. Market data shows 78621 prices fallen 8.3% over the last half year. The closest comparable sale, 109 Wilderness TRL, Elgin TX 78621 at an adjusted $305,100, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in SHENANDOAH SUB. 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