4140 County Road 467 RD, Elgin TX 78621

Based on 4 closed sales in NO, the data points to a value around $727,322 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $827,000 to $907,000. This pricing would rank the home as the most affordable of 2 comparable homes on the market in NO's current inventory. At 682 sqft larger than the typical comp, the size difference factors into the valuation. A pool adds market appeal. Only 4 minus 4 of the comps had one. Right now, 2 similar properties are competing for buyers in NO, listed between $625,000 and $1,190,000. Market data shows NO prices fallen 3.6% over the last half year. The closest comparable sale, 3498 County Road 464, Elgin TX 78621 at an adjusted $508,242, is with a smaller floor plan and no pool. The strength of this estimate comes from 4 directly comparable sales in NO. 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