257 Maple Leaf, Elgin TX 78621

My analysis of 4 comparable properties puts this home's estimated value at $505,703. Based on how the local market is moving, a list price between $414,000 and $424,000 would position this home well. This home's position in the current ARBORS DOGWOOD CREEK market: the 2nd least expensive of 5 comparable homes on the market among comparable properties. At 6 years older than typical comps, the 2002 build date influences the valuation. The smaller lot (1.03 acres versus the area average of 1.28) contributes to the valuation. 5 similar homes are currently available in ARBORS DOGWOOD CREEK, creating a buyer's market for this price range. The 6 month price trend in ARBORS DOGWOOD CREEK: risen 1.8%. The best comp here is 302 Arbors CIR, Elgin TX 78621 at an adjusted value of $586,649, a strong comparable. With 4 comparable sales in ARBORS DOGWOOD CREEK, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group