14312 Prairie Sod LN, Elgin TX 78621

The market data from 7 similar recent sales in HOMESTEAD ESTATES points to a value of approximately $286,722. To sell within a reasonable timeframe at fair market value, the $311,000 to $314,000 range is where I'd position this. Against 5 similar active listings in HOMESTEAD ESTATES, this price point lands at the most affordable of 5 comparable homes on the market. The larger floor plan (136 sqft compared to the average comp) is a meaningful differentiator in this price range. Current inventory shows 5 comparable homes in HOMESTEAD ESTATES; a buyer's market based on recent absorption. In HOMESTEAD ESTATES, home values have fallen approximately 1% over the past 6 months. One of the strongest data points is 18501 Quiet Range DR, Elgin TX 78621, adjusting to $271,828; with a smaller floor plan. 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