149 Meadowood DR, Elgin TX 78621

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $417,314. Pricing this home between $457,000 and $473,000 would put it in the competitive sweet spot for FOREST RIDGE ESTATES. This pricing would rank the home as the most expensive of 2 comparable homes on the market in FOREST RIDGE ESTATES's current inventory. The larger lot (9.39 acres versus the area average of 5.79) contributes to the valuation. With 2 similar homes currently listed in FOREST RIDGE ESTATES (a buyer's market), competition is a factor to consider. Market data shows 78621 prices fallen 9.6% over the last half year. The closest comparable sale, 209 Dry Willow RD, Elgin TX 78621 at an adjusted $399,112, is a strong comparable. With 7 comparable sales in FOREST RIDGE ESTATES, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group