400 Maple LN, Elgin TX 78621

The market data from 7 similar recent sales in HILLSIDE points to a value of approximately $262,250. To sell within a reasonable timeframe at fair market value, the $293,000 to $297,000 range is where I'd position this. With 7 comparable homes on the market in HILLSIDE, this price positions the property as the most affordable of 7 comparable homes on the market. The 1998 construction puts this home 8 years older than the comp average, a factor in the pricing. At 0.20 acres, the lot is larger than the 0.15 acre comp average, which factors into pricing. 7 similar homes are currently available in HILLSIDE, creating a buyer's market for this price range. In 78621, home values have fallen approximately 8.3% over the past 6 months. One of the strongest data points is 17920 Honey Locust LN, Elgin TX 78621, adjusting to $229,590; a strong comparable. 7 comparable transactions in HILLSIDE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group