802 Savannah CV, Elgin TX 78621

Reviewing the most recent comparable transactions, this home's market value falls around $304,320. For a well positioned listing in SAVANNAH, I'd target the $237,000 to $247,000 range. With 7 comparable homes on the market in SAVANNAH, this price positions the property as the 0th most expensive of 7 comparable homes on the market. The 2003 construction puts this home 9 years older than the comp average, a factor in the pricing. At 0.31 acres, the lot is smaller than the 0.61 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in SAVANNAH; a buyer's market based on recent absorption. Recent trends in 78621 show home values have fallen 9.8% since 6 months ago. The most comparable recent sale is 826 Savannah CV, Elgin TX 78621, with an adjusted value of $245,335; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group