802 Savannah CV, Elgin TX 78621

Reviewing the most recent comparable transactions, this home's market value falls around $320,473. For a well positioned listing in SAVANNAH, I'd target the $237,000 to $247,000 range. With 3 comparable homes on the market in SAVANNAH, this price positions the property as the 0th most expensive of 3 comparable homes on the market. At 0.31 acres, the lot is smaller than the 0.59 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in SAVANNAH; a buyer's market based on recent absorption. Recent trends in 78621 show home values have fallen 10.7% since 6 months ago. The most comparable recent sale is 803 Savannah CV, Elgin TX 78621, with an adjusted value of $383,190; 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