14009 Ballast DR, Elgin TX 78621

Reviewing the most recent comparable transactions, this home's market value falls around $341,017. For a well positioned listing in PEPPERGRASS, I'd target the $354,000 to $373,000 range. In the current PEPPERGRASS market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. Being 175 sqft larger than the average comparable sale in this area impacts the per square foot value. At 0.21 acres, the lot is larger than the 0.12 acre comp average, which factors into pricing. Buyers in PEPPERGRASS have 7 comparable options right now, with asking prices between $310,000 and $352,490. Recent trends in PEPPERGRASS show home values have fallen 7.2% since 6 months ago. The most comparable recent sale is 11104 Roving PASS, Elgin TX 78621, with an adjusted value of $315,446; 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