448 Pleasant Grove RD, Elgin TX 78621

The estimated value of this property is $427,374, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $348,000 and $358,000. At this price, the property would be the 2nd most expensive of 3 comparable homes on the market comparable homes currently on the market in 78621. Built in 1997, this home is 12 years newer than the average comp, which is reflected in the adjustments. The 11.80 acre lot (larger than the 5.38 acre average) is reflected in the estimate. The active market in 78621 includes 3 comparable homes priced from $339,000 to $625,000. Recent trends in 78621 show home values have fallen 8.3% since 6 months ago. The most comparable recent sale is TBD FM 3000 Tract 9, Elgin TX 78621, with an adjusted value of $664,369; with a larger floor plan. Based on 7 relevant data points in 78621, 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