152 Tanglewood TRL, Elgin TX 78621

The market data from 7 similar recent sales in CEDAR HILLS points to a value of approximately $290,617. To sell within a reasonable timeframe at fair market value, the $315,000 to $329,000 range is where I'd position this. In the current CEDAR HILLS market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. The 136 sqft size difference versus comparable sales is reflected in the adjusted values. The 1979 construction puts this home 9 years older than the comp average, a factor in the pricing. The active market in CEDAR HILLS includes 3 comparable homes priced from $270,000 to $380,000. In 78621, home values have fallen approximately 10.7% over the past 6 months. One of the strongest data points is 116 Post Oak DR, Elgin TX 78621, adjusting to $304,229; with a larger floor plan. 7 comparable transactions in CEDAR HILLS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group