18741 Golden Eagle WAY, Elgin TX 78621

After reviewing 7 recent transactions in EAGLES LANDING, I estimate this property's value at $239,257. A competitive list price for this home right now would fall in the $232,000 to $246,000 range. Buyers shopping in EAGLES LANDING right now would see this as a well positioned option among 7 comparable homes. At 14 years older than typical comps, the 2005 build date influences the valuation. The smaller lot (0.08 acres versus the area average of 0.13) contributes to the valuation. Current inventory shows 7 comparable homes in EAGLES LANDING; a buyer's market based on recent absorption. Prices in EAGLES LANDING have fallen 2.7% over the last 6 months. A similar home at 14509 Bonellis PASS, Elgin TX 78621 carries an adjusted comparable value of $253,308, providing a strong data point. With 7 comparable sales in EAGLES LANDING, 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