12825 Quarterhorse DR, Elgin TX 78621

The market data from 7 similar recent sales in REMUDA RANGE points to a value of approximately $332,510. To sell within a reasonable timeframe at fair market value, the $249,000 to $259,000 range is where I'd position this. Against 7 similar active listings in REMUDA RANGE, this price point lands at the most expensive of 7 comparable homes on the market. At 587 sqft larger than the typical comp, the size difference factors into the valuation. The 1980 construction puts this home 28 years older than the comp average, a factor in the pricing. Right now, 7 similar properties are competing for buyers in REMUDA RANGE, listed between $230,400 and $334,990. In 78621, home values have fallen approximately 9.4% over the past 6 months. One of the strongest data points is 13524 Windstone CT, Manor TX 78653, adjusting to $364,839; with a smaller floor plan. 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