17220 Farmhouse LN, Elgin TX 78621

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $239,918. I'd recommend coming to market at $233,000 to $247,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in HOMESTEAD ESTATES, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. Being 122 sqft smaller than the average comparable sale in this area impacts the per square foot value. Buyers in HOMESTEAD ESTATES have 7 comparable options right now, with asking prices between $215,000 and $296,990. The trend in HOMESTEAD ESTATES shows prices have fallen 1% in the past 6 months. 14316 Boomtown WAY, Elgin TX 78621 nearby adjusts to $243,501; with a larger floor plan. Based on 7 relevant data points in HOMESTEAD ESTATES, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX