17105 Farmhouse Ln, Elgin TX 78621

After reviewing 5 recent transactions in HOMESTEAD ESTATES, I estimate this property's value at $229,000. A competitive list price for this home right now would fall in the $222,000 to $236,000 range. Relative to what's currently available in HOMESTEAD ESTATES, this home would be the 2nd most expensive of 3 comparable homes on the market. The smaller floor plan (175 sqft compared to the average comp) is a meaningful differentiator in this price range. Buyers in HOMESTEAD ESTATES have 3 comparable options right now, with asking prices between $215,000 and $265,000. Prices in HOMESTEAD ESTATES have fallen 1% over the last 6 months. A similar home at 18501 Quiet Range DR, Elgin TX 78621 carries an adjusted comparable value of $231,852, providing a strong data point. 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