Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $388,348. To generate strong buyer interest while maximizing value, I'd price this between $335,000 and $345,000. Against 7 similar active listings in JAMES STANFIFER ABS, this price point lands at the 3rd most expensive of 7 comparable homes on the market. The 1999 construction puts this home 21 years older than the comp average, a factor in the pricing. At 0.85 acres, the lot is larger than the 0.81 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in JAMES STANFIFER ABS, listed between $343,990 and $565,000. The trend in 78621 shows prices have fallen 3.7% in the past 6 months. 224 Crooked Hollow DR, Elgin TX 78621 nearby adjusts to $525,996; a strong comparable. 7 comparable transactions in JAMES STANFIFER ABS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value.
Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
