197 Wayside CT, Elgin TX 78621

Taking into account 7 nearby comparable sales, this property's estimated value comes to $312,472. If we were to list this property today, I'd recommend a list price in the $238,000 to $248,000 range. Buyers shopping in WAYSIDE OAKS right now would see this as a well positioned option among 7 comparable homes. Being built in 1990 (15 years older than comps) is factored into the value estimate. Lot size matters here: 1.86 acres versus 3.38 for the typical comp. Current inventory shows 7 comparable homes in WAYSIDE OAKS; a buyer's market based on recent absorption. The 6 month price trend in 78621: fallen 8.3%. The best comp here is 182 Wayside CT, Elgin TX 78621 at an adjusted value of $332,365, with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in WAYSIDE OAKS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group