13004 Field Plow LN, Elgin TX 78621

The market data from 7 similar recent sales in HOMESTEAD ESTATES points to a value of approximately $250,379. To sell within a reasonable timeframe at fair market value, the $262,000 to $267,000 range is where I'd position this. 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 HOMESTEAD ESTATES. Current inventory shows 7 comparable homes in HOMESTEAD ESTATES; a buyer's market based on recent absorption. In HOMESTEAD ESTATES, home values have fallen approximately 1% over the past 6 months. One of the strongest data points is 14316 Boomtown WAY, Elgin TX 78621, adjusting to $243,501; with a larger floor plan. 7 comparable transactions in HOMESTEAD ESTATES 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