132 Elm Wood DR, Elgin TX 78621

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $552,938. I'd recommend coming to market at $395,000 to $405,000 to strike the right balance between value and market velocity. In the current ARBORS DOGWOOD CREEK market with 6 similar homes available, this price represents the 3rd most expensive of 6 comparable homes on the market. Built in 2016, this home is 7 years newer than the average comp, which is reflected in the adjustments. The 1.41 acre lot (smaller than the 1.58 acre average) is reflected in the estimate. With 6 similar homes currently listed in ARBORS DOGWOOD CREEK (a buyer's market), competition is a factor to consider. The trend in ARBORS DOGWOOD CREEK shows prices have risen 12.5% in the past 6 months. 302 Arbors CIR, Elgin TX 78621 nearby adjusts to $648,691; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group