179 Sandy LN, Elgin TX 78621

The market data from 7 similar recent sales in ELGIN OAKS TWO points to a value of approximately $500,241. To sell within a reasonable timeframe at fair market value, the $560,000 to $568,000 range is where I'd position this. In the current ELGIN OAKS TWO market with 4 similar homes available, this price represents the most affordable of 4 comparable homes on the market. The 162 sqft size difference versus comparable sales is reflected in the adjusted values. The 1990 construction puts this home 9 years older than the comp average, a factor in the pricing. Current inventory shows 4 comparable homes in ELGIN OAKS TWO; a buyer's market based on recent absorption. In 78621, home values have fallen approximately 8.3% over the past 6 months. One of the strongest data points is 128 Pin Oak XING, Elgin TX 78621, adjusting to $500,932; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group