323 The Oaks, Elgin TX 78621

The comparable sales data (7 recent transactions in OAKS) supports an estimated value of $518,791. The data suggests a list price between $609,000 and $638,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in OAKS, this home would be the most affordable of 2 comparable homes on the market. The 249 sqft size difference versus comparable sales is reflected in the adjusted values. Lot size matters here: 5.00 acres versus 6.84 for the typical comp. 2 similar homes are currently available in OAKS, creating a buyer's market for this price range. Prices in OAKS have fallen 79.1% over the last 6 months. A similar home at 2245 Fm 969, Elgin TX 78621 carries an adjusted comparable value of $490,552, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in OAKS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group