220 Cedar Hills, Elgin TX 78621

Based on 7 closed sales in CEDAR HILLS, the data points to a value around $397,206 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $429,000 to $487,000. Relative to what's currently available in CEDAR HILLS, this home would be the 2nd least expensive of 4 comparable homes on the market. The 199 sqft size difference versus comparable sales is reflected in the adjusted values. Lot size matters here: 1.20 acres versus 1.48 for the typical comp. 4 similar homes are currently available in CEDAR HILLS, creating a buyer's market for this price range. Market data shows 78621 prices fallen 8.2% over the last half year. The closest comparable sale, 230 Cedar Hills DR, Elgin TX 78621 at an adjusted $424,394, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus