358 The Oaks BLVD, Elgin TX 78621

Based on 3 closed sales in OAKS, the data points to a value around $694,734 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $811,000 to $812,000. Relative to what's currently available in OAKS, this home would be the most affordable of 3 comparable homes on the market. A pool adds market appeal. Only 3 minus 2 of the comps had one. Lot size matters here: 5.21 acres versus 5.94 for the typical comp. There are currently 3 similar homes on the market in OAKS, ranging from $642,000 to $899,000. Market data shows OAKS prices fallen 79.1% over the last half year. The closest comparable sale, 301 The Oaks BLVD, Elgin TX 78621 at an adjusted $687,942, is with a larger floor plan and no pool. The strength of this estimate comes from 3 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