135 Tanglewood TRL, Elgin TX 78621

The market data from 7 similar recent sales in CEDAR HILLS points to a value of approximately $377,598. To sell within a reasonable timeframe at fair market value, the $306,000 to $316,000 range is where I'd position this. Against 6 similar active listings in CEDAR HILLS, this price point lands at the 3rd least expensive of 6 comparable homes on the market. The larger floor plan (328 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2018 construction puts this home 15 years newer than the comp average, a factor in the pricing. With 6 similar homes currently listed in CEDAR HILLS (a buyer's market), competition is a factor to consider. In 78621, home values have fallen approximately 8.3% over the past 6 months. One of the strongest data points is 115 Pine Cone LN, Elgin TX 78621, adjusting to $392,477; a strong comparable. 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