151 Tanglewood TRL, Elgin TX 78621

After reviewing 7 recent transactions in CEDAR HILLS, I estimate this property's value at $360,550. A competitive list price for this home right now would fall in the $307,000 to $317,000 range. This pricing would rank the home as the 3rd least expensive of 6 comparable homes on the market in CEDAR HILLS's current inventory. At 19 years older than typical comps, the 1977 build date influences the valuation. The smaller lot (0.37 acres versus the area average of 2.53) contributes to the valuation. With 6 similar homes currently listed in CEDAR HILLS (a buyer's market), competition is a factor to consider. Prices in 78621 have fallen 8.3% over the last 6 months. A similar home at 115 Pine Cone LN, Elgin TX 78621 carries an adjusted comparable value of $361,179, providing a strong data point. With 7 comparable sales in CEDAR HILLS, 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