000 E HWY 290, Elgin TX 78621

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $404,665. I'd recommend coming to market at $452,000 to $471,000 to strike the right balance between value and market velocity. Among the similar homes currently available in STOVAL, GEO, this price point stands out as competitive. The 210 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1991, this home is 5 years newer than the average comp, which is reflected in the adjustments. Right now, 3 similar properties are competing for buyers in STOVAL, GEO, listed between $408,914 and $499,900. The trend in 78621 shows prices have fallen 7.4% in the past 6 months. 144 Vicksburg LOOP, Elgin TX 78621 nearby adjusts to $340,860; 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