1341 Red Town RD, Elgin TX 78621

The comparable sales data (7 recent transactions in DAVENPORT ACRES) supports an estimated value of $400,194. The data suggests a list price between $495,000 and $597,000 would attract qualified buyers without leaving money on the table. Buyers shopping in DAVENPORT ACRES right now would see this as a well positioned option among 2 comparable homes. The 1,332 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 1999 (22 years newer than comps) is factored into the value estimate. Current inventory shows 2 comparable homes in DAVENPORT ACRES; a buyer's market based on recent absorption. Prices in 78621 have fallen 8.1% over the last 6 months. A similar home at 121 Grassy LN, Elgin TX 78621 carries an adjusted comparable value of $495,207, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in DAVENPORT ACRES. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group