16428 Farmhouse LN, Elgin TX 78621

My analysis of 7 comparable properties puts this home's estimated value at $328,896. Based on how the local market is moving, a list price between $341,000 and $342,000 would position this home well. Relative to what's currently available in HOMESTEAD ESTATES, this home would be the 4th most expensive of 7 comparable homes on the market. The larger lot (0.22 acres versus the area average of 0.14) contributes to the valuation. Buyers in HOMESTEAD ESTATES have 7 comparable options right now, with asking prices between $284,900 and $376,092. The 6 month price trend in HOMESTEAD ESTATES: fallen 1%. The best comp here is 18304 Speculator LN, Elgin TX 78621 at an adjusted value of $303,524, with a smaller floor plan. The comp data here (7 sales in HOMESTEAD ESTATES) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus