1005 N Main ST, Elgin TX 78621

Reviewing the most recent comparable transactions, this home's market value falls around $336,442. For a well positioned listing in W &, I'd target the $289,000 to $299,000 range. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in W &. The 1925 construction puts this home 26 years older than the comp average, a factor in the pricing. At 1.08 acres, the lot is larger than the 0.25 acre comp average, which factors into pricing. Buyers in W & have 7 comparable options right now, with asking prices between $299,990 and $379,905. Recent trends in 78621 show home values have fallen 8.3% since 6 months ago. The most comparable recent sale is 911 N Avenue C ST, Elgin TX 78621, with an adjusted value of $262,151; a strong comparable. 7 comparable transactions in W & 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