171 Elm Wood DR, Elgin TX 78621

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $527,920. To generate strong buyer interest while maximizing value, I'd price this between $423,000 and $433,000. At this price, the property would be the 2nd most expensive of 3 comparable homes on the market comparable homes currently on the market in ARBORS DOGWOOD CREEK. This home's smaller footprint (203 sqft vs the comp average) plays a role in how the market prices it. The 1998 construction puts this home 9 years older than the comp average, a factor in the pricing. Current inventory shows 3 comparable homes in ARBORS DOGWOOD CREEK; a buyer's market based on recent absorption. The trend in ARBORS DOGWOOD CREEK shows prices have risen 1.8% in the past 6 months. 128 Pin Oak XING, Elgin TX 78621 nearby adjusts to $482,101; a strong comparable. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group