1300 S Webberwood WAY, Elgin TX 78621

The market data from 7 similar recent sales in WEBBERWOOD points to a value of approximately $421,645. To sell within a reasonable timeframe at fair market value, the $280,000 to $290,000 range is where I'd position this. With 2 comparable homes on the market in WEBBERWOOD, this price positions the property as the 0th most expensive of 2 comparable homes on the market. This home's smaller footprint (193 sqft vs the comp average) plays a role in how the market prices it. At 5.00 acres, the lot is larger than the 2.86 acre comp average, which factors into pricing. There are currently 2 similar homes on the market in WEBBERWOOD, ranging from $300,000 to $315,000. In 78621, home values have fallen approximately 10.2% over the past 6 months. One of the strongest data points is 2003 Citation DR, Del Valle TX 78617, adjusting to $411,316; with a smaller floor plan. 7 comparable transactions in WEBBERWOOD support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group