143 SPANISH OAK TRL, Elgin TX 78621

My analysis of 7 comparable properties puts this home's estimated value at $463,282. Based on how the local market is moving, a list price between $376,000 and $386,000 would position this home well. Relative to what's currently available in ARBORS, this home would be the most expensive of 2 comparable homes on the market. At 6 years older than typical comps, the 2009 build date influences the valuation. Current inventory shows 2 comparable homes in ARBORS; a buyer's market based on recent absorption. The 6 month price trend in 78621: fallen 8.3%. The best comp here is 507 Arbors CIR, Elgin TX 78621 at an adjusted value of $499,670, with a larger floor plan. The comp data here (7 sales in ARBORS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus