18401 Quiet Range DR, Elgin TX 78621

After reviewing 7 recent transactions in HOMESTEAD ESTATES, I estimate this property's value at $344,155. A competitive list price for this home right now would fall in the $352,000 to $358,000 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 larger lot (0.29 acres versus the area average of 0.12) contributes to the valuation. Current inventory shows 3 comparable homes in HOMESTEAD ESTATES; a buyer's market based on recent absorption. Prices in HOMESTEAD ESTATES have fallen 1% over the last 6 months. A similar home at 19428 Bear Grass DR, Elgin TX 78621 carries an adjusted comparable value of $348,430, providing a strong data point. With 7 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