17101 Farmhouse Lane, Elgin TX 78621

After adjusting 5 comparable sales for differences in size, age, and features, this home's estimated value is $259,688. Pricing this home between $252,000 and $267,000 would put it in the competitive sweet spot for HOMESTEAD ESTATES. Relative to what's currently available in HOMESTEAD ESTATES, this home would be the most expensive of 3 comparable homes on the market. The larger lot (0.34 acres versus the area average of 0.18) contributes to the valuation. 3 similar homes are currently available in HOMESTEAD ESTATES, creating a buyer's market for this price range. Market data shows HOMESTEAD ESTATES prices fallen 1% over the last half year. The closest comparable sale, 18501 Quiet Range DR, Elgin TX 78621 at an adjusted $261,656, is a strong comparable. With 5 comparable sales in HOMESTEAD ESTATES, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group