101 Cavalry, Elgin TX 78621

Based on 7 closed sales in 78621, the data points to a value around $319,211 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $228,000 to $238,000. This pricing would rank the home as the most expensive of 4 comparable homes on the market in 78621's current inventory. Being built in 2001 (27 years newer than comps) is factored into the value estimate. Lot size matters here: 0.00 acres versus 2.23 for the typical comp. 4 similar homes are currently available in 78621, creating a buyer's market for this price range. Market data shows 78621 prices fallen 8.3% over the last half year. The closest comparable sale, 182 Wayside CT, Elgin TX 78621 at an adjusted $349,811, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78621. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group