802 Savannah CV, Elgin TX 78621

Reviewing the most recent comparable transactions, this home's market value falls around $274,367. For a well positioned listing in SAVANNAH, I'd target the $269,000 to $280,000 range. With 7 comparable homes on the market in SAVANNAH, this price positions the property as the most expensive of 7 comparable homes on the market. The smaller floor plan (387 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2003 construction puts this home 10 years older than the comp average, a factor in the 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 0.6% since 6 months ago. The most comparable recent sale is 826 Savannah CV, Elgin TX 78621, with an adjusted value of $245,871; 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