168 Cedarwood LN, Elgin TX 78621

Reviewing the most recent comparable transactions, this home's market value falls around $353,051. For a well positioned listing in 78621, I'd target the $342,000 to $364,000 range. Among the similar homes currently available in 78621, this price point stands out as competitive. This home's smaller footprint (251 sqft vs the comp average) plays a role in how the market prices it. The 1967 construction puts this home 29 years older than the comp average, a factor in the pricing. With 1 similar homes currently listed in 78621 (a buyer's market), competition is a factor to consider. Recent trends in 78621 show home values have fallen 8.3% since 6 months ago. The most comparable recent sale is 142 Moore LN, Elgin TX 78621, with an adjusted value of $305,736; with a larger floor plan. 7 comparable transactions in 78621 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