1027 Private Road 3023, Elgin TX 78621

Based on 7 closed sales in 78621, the data points to a value around $412,424 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $470,000 to $492,000. This home's position in the current 78621 market: the 2nd least expensive of 4 comparable homes on the market among comparable properties. Being 272 sqft larger than the average comparable sale in this area impacts the per square foot value. Lot size matters here: 5.00 acres versus 6.64 for the typical comp. Right now, 4 similar properties are competing for buyers in 78621, listed between $420,000 and $1,200,000. Market data shows 78621 prices fallen 8.3% over the last half year. The closest comparable sale, 1384 Private Road 3023, Elgin TX 78621 at an adjusted $234,000, is with a smaller floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus