325 Powell LN, Elgin TX 78621

The estimated value of this property is $545,297, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $711,000 and $714,000. With 4 comparable homes on the market in TIMBERLINE ESTATES, this price positions the property as the most affordable of 4 comparable homes on the market. Being 1,403 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 2001, this home is 13 years older than the average comp, which is reflected in the adjustments. Buyers in TIMBERLINE ESTATES have 4 comparable options right now, with asking prices between $549,000 and $1,699,999. Recent trends in 78621 show home values have fallen 8.3% since 6 months ago. The most comparable recent sale is 507 Arbors CIR, Elgin TX 78621, with an adjusted value of $714,175; with a smaller floor plan. Based on 7 relevant data points in TIMBERLINE ESTATES, 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