17204 Farmhouse LN, Elgin TX 78621

The comparable sales data (6 recent transactions in HOMESTEAD ESTATES) supports an estimated value of $247,591. The data suggests a list price between $283,000 and $287,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the 2nd least expensive of 4 comparable homes on the market in HOMESTEAD ESTATES's current inventory. Lot size matters here: 0.21 acres versus 0.18 for the typical comp. 4 similar homes are currently available in HOMESTEAD ESTATES, creating a buyer's market for this price range. 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 $246,893, providing a strong data point. The strength of this estimate comes from 6 directly comparable sales in HOMESTEAD ESTATES. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group