22408 Giesla DR, Elgin TX 78621

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $340,970. Pricing this home between $367,000 and $390,000 would put it in the competitive sweet spot for ESTATES WILBARGER CREEK SEC. This home's position in the current ESTATES WILBARGER CREEK SEC market: the most expensive of 2 comparable homes on the market among comparable properties. The larger floor plan (106 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (2.41 acres versus the area average of 5.68) contributes to the valuation. Current inventory shows 2 comparable homes in ESTATES WILBARGER CREEK SEC; a buyer's market based on recent absorption. Market data shows 78621 prices fallen 8.3% over the last half year. The closest comparable sale, 8710 Lucinda DR, Elgin TX 78621 at an adjusted $306,063, is with a smaller floor plan. The comp data here (7 sales in ESTATES WILBARGER CREEK SEC) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus