202 Cavalry TRL, Elgin TX 78621

The market data from 6 similar recent sales in SHENANDOAH points to a value of approximately $262,769. To sell within a reasonable timeframe at fair market value, the $284,000 to $285,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 5 comparable homes on the market comparable homes currently on the market in SHENANDOAH. The 2002 construction puts this home 6 years older than the comp average, a factor in the pricing. With 5 similar homes currently listed in SHENANDOAH (a buyer's market), competition is a factor to consider. In SHENANDOAH, home values have fallen approximately 9.2% over the past 6 months. One of the strongest data points is 109 Wilderness TRL, Elgin TX 78621, adjusting to $300,930; a strong comparable. 6 comparable transactions in SHENANDOAH 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