18844 Imperial Eagle LN, Elgin TX 78621

Reviewing the most recent comparable transactions, this home's market value falls around $349,820. For a well positioned listing in EAGLES LANDING, I'd target the $288,000 to $298,000 range. Against 7 similar active listings in EAGLES LANDING, this price point lands at the 2nd most expensive of 7 comparable homes on the market. The 2004 construction puts this home 21 years older than the comp average, a factor in the pricing. At 0.25 acres, the lot is larger than the 0.12 acre comp average, which factors into pricing. With 7 similar homes currently listed in EAGLES LANDING (a buyer's market), competition is a factor to consider. Recent trends in EAGLES LANDING show home values have fallen 4.4% since 6 months ago. The most comparable recent sale is 14520 Wahlbergs WAY, Elgin TX 78621, with an adjusted value of $358,964; 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