501 Blanco Woods DR, Elgin TX 78621

The market data from 4 similar recent sales in COUNTY LINE points to a value of approximately $273,093. To sell within a reasonable timeframe at fair market value, the $225,000 to $235,000 range is where I'd position this. With 4 comparable homes on the market in COUNTY LINE, this price positions the property as the 2nd least expensive of 4 comparable homes on the market. The smaller floor plan (270 sqft compared to the average comp) is a meaningful differentiator in this price range. Current inventory shows 4 comparable homes in COUNTY LINE; a buyer's market based on recent absorption. In 78621, home values have fallen approximately 8.3% over the past 6 months. One of the strongest data points is 108 Bexar Forest CV, Elgin TX 78621, adjusting to $276,893; a strong comparable. 4 comparable transactions in COUNTY LINE 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