145 Forest DR, Elgin TX 78621

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $319,774. I'd recommend coming to market at $347,000 to $357,000 to strike the right balance between value and market velocity. Against 3 similar active listings in CEDAR HILLS, this price point lands at the 2nd most expensive of 3 comparable homes on the market. Built in 1980, this home is 14 years older than the average comp, which is reflected in the adjustments. The 0.81 acre lot (smaller than the 1.38 acre average) is reflected in the estimate. With 3 similar homes currently listed in CEDAR HILLS (a buyer's market), competition is a factor to consider. The trend in 78621 shows prices have fallen 8.3% in the past 6 months. 115 Pine Cone LN, Elgin TX 78621 nearby adjusts to $357,415; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group