150 Forest DR, Elgin TX 78621

The market data from 7 similar recent sales in 78621 points to a value of approximately $444,234. To sell within a reasonable timeframe at fair market value, the $375,000 to $385,000 range is where I'd position this. Against 6 similar active listings in 78621, this price point lands at the 3rd most expensive of 6 comparable homes on the market. At 531 sqft larger than the typical comp, the size difference factors into the valuation. At 0.75 acres, the lot is smaller than the 3.28 acre comp average, which factors into pricing. Buyers in 78621 have 6 comparable options right now, with asking prices between $345,000 and $599,000. In 78621, home values have fallen approximately 8.3% over the past 6 months. One of the strongest data points is 128 Pin Oak XING, Elgin TX 78621, adjusting to $452,560; a strong comparable. 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