8505 Lucinda DR, Elgin TX 78621

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $288,810. I'd recommend coming to market at $311,000 to $364,000 to strike the right balance between value and market velocity. Among the similar homes currently available in ESTATES WILBARGER CREEK SEC, this price point stands out as competitive. Being 159 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 2000, this home is 14 years newer than the average comp, which is reflected in the adjustments. The trend in 78621 shows prices have fallen 6.2% in the past 6 months. 22515 Deidra DR, Elgin TX 78621 nearby adjusts to $310,859; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group