18845 Imperial Eagle LN, Elgin TX 78621

The market data from 7 similar recent sales in 78621 points to a value of approximately $254,385. To sell within a reasonable timeframe at fair market value, the $255,000 to $256,000 range is where I'd position this. With 5 comparable homes on the market in 78621, this price positions the property as the most expensive of 5 comparable homes on the market. At 0.27 acres, the lot is larger than the 0.18 acre comp average, which factors into pricing. Right now, 5 similar properties are competing for buyers in 78621, listed between $235,000 and $280,000. In 78621, home values have fallen approximately 8.3% over the past 6 months. One of the strongest data points is 125 Blue Ridge TRL, Elgin TX 78621, adjusting to $256,183; 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