9112 Tristam DR, Elgin TX 78621

After reviewing 7 recent transactions in 78621, I estimate this property's value at $294,778. A competitive list price for this home right now would fall in the $286,000 to $304,000 range. Buyers shopping in 78621 right now would see this as a well positioned option among 1 comparable homes. The larger floor plan (475 sqft compared to the average comp) is a meaningful differentiator in this price range. At 9 years older than typical comps, the 1995 build date influences the valuation. Right now, 1 similar properties are competing for buyers in 78621, listed between $665,500 and $665,500. Prices in 78621 have fallen 8.3% over the last 6 months. A similar home at 8710 Lucinda DR, Elgin TX 78621 carries an adjusted comparable value of $316,284, providing a strong data point. With 7 comparable sales in 78621, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group