104 W Ila ST, Elgin TX 78621

The market data from 7 similar recent sales in DANNELLEY points to a value of approximately $303,202. To sell within a reasonable timeframe at fair market value, the $175,000 to $185,000 range is where I'd position this. Against 7 similar active listings in DANNELLEY, this price point lands at the 2nd least expensive of 7 comparable homes on the market. The 1920 construction puts this home 78 years older than the comp average, a factor in the pricing. At 0.37 acres, the lot is smaller than the 0.72 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in DANNELLEY, ranging from $201,000 to $595,000. In 78621, home values have fallen approximately 8.3% over the past 6 months. One of the strongest data points is 108 Bill ST, Elgin TX 78621, adjusting to $306,255; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group