540 Arbors CIR, Elgin TX 78621

My analysis of 6 comparable properties puts this home's estimated value at $575,207. Based on how the local market is moving, a list price between $580,000 and $604,000 would position this home well. Buyers shopping in ARBORS DOGWOOD CREEK right now would see this as a well positioned option among 4 comparable homes. The larger lot (1.85 acres versus the area average of 1.81) contributes to the valuation. With 4 similar homes currently listed in ARBORS DOGWOOD CREEK (a buyer's market), competition is a factor to consider. The 6 month price trend in ARBORS DOGWOOD CREEK: risen 1.8%. The best comp here is 507 Arbors CIR, Elgin TX 78621 at an adjusted value of $526,758, with a larger floor plan. With 6 comparable sales in ARBORS DOGWOOD CREEK, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group