149 Spirit ST, Elgin TX 78621

Reviewing the most recent comparable transactions, this home's market value falls around $321,411. For a well positioned listing in TRINITY RANCH, I'd target the $312,000 to $331,000 range. With 7 comparable homes on the market in TRINITY RANCH, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. At 0.14 acres, the lot is larger than the 0.11 acre comp average, which factors into pricing. The active market in TRINITY RANCH includes 7 comparable homes priced from $314,990 to $350,000. Recent trends in TRINITY RANCH show home values have fallen 6.4% since 6 months ago. The most comparable recent sale is 119 Two Bits LN, Elgin TX 78621, with an adjusted value of $329,475; 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