1010 W 2nd, Elgin TX 78621

The estimated value of this property is $237,241, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $170,000 and $180,000. Against 6 similar active listings in SUNSET HEIGHTS, this price point lands at the most expensive of 6 comparable homes on the market. Built in 1960, this home is 42 years older than the average comp, which is reflected in the adjustments. The 0.26 acre lot (larger than the 0.12 acre average) is reflected in the estimate. 6 similar homes are currently available in SUNSET HEIGHTS, creating a buyer's market for this price range. Recent trends in 78621 show home values have fallen 8.3% since 6 months ago. The most comparable recent sale is 413 E 7th ST, Elgin TX 78621, with an adjusted value of $247,451; a strong comparable. Based on 7 relevant data points in SUNSET HEIGHTS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX