150 Elm Wood DR, Elgin TX 78621

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $459,491. I'd recommend coming to market at $242,000 to $252,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in ARBORS DOGWOOD CREEK, this price positions the property as the 4th most expensive of 7 comparable homes on the market. At 391 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 1999, this home is 8 years older than the average comp, which is reflected in the adjustments. The active market in ARBORS DOGWOOD CREEK includes 7 comparable homes priced from $230,000 to $574,900. The trend in ARBORS DOGWOOD CREEK shows prices have risen 1.8% in the past 6 months. 146 Kingwood DR, Elgin TX 78621 nearby adjusts to $410,804; with a larger floor plan. With 3 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