Reviewing the most recent comparable transactions, this home's market value falls around $213,957. For a well positioned listing in EAGLES LANDING, I'd target the $228,000 to $237,000 range. Among the similar homes currently available in EAGLES LANDING, this price point stands out as competitive. The 2004 construction puts this home 19 years older than the comp average, a factor in the pricing. At 0.08 acres, the lot is smaller than the 0.12 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in EAGLES LANDING, listed between $210,000 and $255,900. Recent trends in EAGLES LANDING show home values have fallen 6.1% since 6 months ago. The most comparable recent sale is 18308 Stellers Sea ST, Elgin TX 78621, with an adjusted value of $207,434; 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