19000 Speculator LN, Elgin TX 78621

After reviewing 6 recent transactions in HOMESTEAD ESTATES, I estimate this property's value at $310,191. A competitive list price for this home right now would fall in the $252,000 to $262,000 range. This home's position in the current HOMESTEAD ESTATES market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. The larger floor plan (154 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (0.33 acres versus the area average of 0.19) contributes to the valuation. The active market in HOMESTEAD ESTATES includes 7 comparable homes priced from $249,900 to $355,990. Prices in HOMESTEAD ESTATES have risen 16.1% over the last 6 months. A similar home at 18501 Quiet Range DR, Elgin TX 78621 carries an adjusted comparable value of $285,624, providing a strong data point. With 6 comparable sales in HOMESTEAD ESTATES, 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