137 Vista DR, Elgin TX 78621

After reviewing 7 recent transactions in VISTA DEL ARROYO, I estimate this property's value at $335,359. A competitive list price for this home right now would fall in the $238,000 to $248,000 range. This home's position in the current VISTA DEL ARROYO market: the 0th most expensive of 7 comparable homes on the market among comparable properties. The smaller floor plan (510 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (2.19 acres versus the area average of 2.84) contributes to the valuation. Right now, 7 similar properties are competing for buyers in VISTA DEL ARROYO, listed between $240,000 and $295,000. Prices in 78621 have fallen 10% over the last 6 months. A similar home at 642 Hidden Oaks DR, Elgin TX 78621 carries an adjusted comparable value of $188,906, providing a strong data point. With 7 comparable sales in VISTA DEL ARROYO, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group