554 balch LN, Elgin TX 78621

The market data from 7 similar recent sales in CARRIAGE OAKS points to a value of approximately $441,146. To sell within a reasonable timeframe at fair market value, the $417,000 to $428,000 range is where I'd position this. In the current CARRIAGE OAKS market with 0 similar homes available, this price represents no active comparable homes on the market. Being 485 sqft larger than the average comparable sale in this area impacts the per square foot value. The 2012 construction puts this home 5 years older than the comp average, a factor in the pricing. In 78621, home values have fallen approximately 8.3% over the past 6 months. One of the strongest data points is 224 Crooked Hollow DR, Elgin TX 78621, adjusting to $653,615; with a smaller floor plan. 7 comparable transactions in CARRIAGE OAKS 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