14304 Prairie Sod LN, Elgin TX 78621

The market data from 5 similar recent sales in HOMESTEAD ESTATES points to a value of approximately $327,691. To sell within a reasonable timeframe at fair market value, the $318,000 to $338,000 range is where I'd position this. In the current HOMESTEAD ESTATES market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. At 0.20 acres, the lot is larger than the 0.17 acre comp average, which factors into pricing. There are currently 3 similar homes on the market in HOMESTEAD ESTATES, ranging from $309,990 to $324,990. In HOMESTEAD ESTATES, home values have fallen approximately 1% over the past 6 months. One of the strongest data points is 25605 Flora Bella LN, Elgin TX 78621, adjusting to $319,197; a strong comparable. 5 comparable transactions in HOMESTEAD ESTATES support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group