12801 Quarterhorse DR, Elgin TX 78621

Reviewing the most recent comparable transactions, this home's market value falls around $296,436. For a well positioned listing in REMUDA RANGE, I'd target the $244,000 to $254,000 range. At this price, the property would be the 3rd most expensive of 7 comparable homes on the market comparable homes currently on the market in REMUDA RANGE. The 1983 construction puts this home 38 years older than the comp average, a factor in the pricing. At 5.77 acres, the lot is larger than the 0.14 acre comp average, which factors into pricing. The active market in REMUDA RANGE includes 7 comparable homes priced from $234,900 to $327,000. Recent trends in 78621 show home values have fallen 8.4% since 6 months ago. The most comparable recent sale is 13524 William McKinley WAY, Manor TX 78653, with an adjusted value of $259,416; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group