18845 Imperial Eagle LN, Elgin TX 78621

The market data from 4 similar recent sales in EAGLES LANDING points to a value of approximately $233,324. To sell within a reasonable timeframe at fair market value, the $235,000 to $245,000 range is where I'd position this. With 5 comparable homes on the market in EAGLES LANDING, this price positions the property as the 2nd most expensive of 5 comparable homes on the market. At 116 sqft smaller than the typical comp, the size difference factors into the valuation. The 2004 construction puts this home 12 years older than the comp average, a factor in the pricing. Right now, 5 similar properties are competing for buyers in EAGLES LANDING, listed between $235,000 and $280,000. In EAGLES LANDING, home values have fallen approximately 6% over the past 6 months. One of the strongest data points is 18708 Golden Eagle WAY, Elgin TX 78621, adjusting to $245,018; a strong comparable. 4 comparable transactions in EAGLES LANDING support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group