206 Monterrey CV, Elgin TX 78621

The estimated value of this property is $270,442, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $289,000 and $295,000. In the current BUENA VISTA WEST market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. Built in 2001, this home is 23 years older than the average comp, which is reflected in the adjustments. The 0.17 acre lot (larger than the 0.12 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in BUENA VISTA WEST; a buyer's market based on recent absorption. Recent trends in 78621 show home values have fallen 10% since 6 months ago. The most comparable recent sale is 326 Bendecido LOOP, Elgin TX 78621, with an adjusted value of $266,518; a strong comparable. Based on 7 relevant data points in BUENA VISTA WEST, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX