138 Shenandoah, Elgin TX 78621

The market data from 3 similar recent sales in SHENANDOAH SUBDIVISION PHASE ONE points to a value of approximately $249,882. To sell within a reasonable timeframe at fair market value, the $283,000 to $288,000 range is where I'd position this. In the current SHENANDOAH SUBDIVISION PHASE ONE market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. At 299 sqft smaller than the typical comp, the size difference factors into the valuation. 7 similar homes are currently available in SHENANDOAH SUBDIVISION PHASE ONE, creating a buyer's market for this price range. In 78621, home values have fallen approximately 2.8% over the past 6 months. One of the strongest data points is 102 Williamson CV, Elgin TX 78621, adjusting to $217,823; with a larger floor plan. The 3 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