151 Vicksburg LOOP, Elgin TX 78621

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $323,806. I'd recommend coming to market at $373,000 to $409,000 to strike the right balance between value and market velocity. In the current SHENANDOAH market with 6 similar homes available, this price represents the 2nd least expensive of 6 comparable homes on the market. The larger floor plan (196 sqft compared to the average comp) is a meaningful differentiator in this price range. The active market in SHENANDOAH includes 6 comparable homes priced from $322,000 to $408,914. The trend in SHENANDOAH shows prices have fallen 9.2% in the past 6 months. 126 Vicksburg LOOP, Elgin TX 78621 nearby adjusts to $314,055; a strong comparable. With 4 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