0000 FM 1704, Elgin TX 78621

Reviewing the most recent comparable transactions, this home's market value falls around $579,228. For a well positioned listing in 78621, I'd target the $687,000 to $724,000 range. In the current 78621 market with 0 similar homes available, this price represents no active comparable homes on the market. Being 1,048 sqft larger than the average comparable sale in this area impacts the per square foot value. The 2013 construction puts this home 17 years newer than the comp average, a factor in the pricing. Recent trends in 78621 show home values have fallen 8.3% since 6 months ago. The most comparable recent sale is 119 Maple Leaf TRL, Elgin TX 78621, with an adjusted value of $816,329; with a smaller floor plan. 7 comparable transactions in 78621 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group