104 Monterrey ST, Elgin TX 78621

After reviewing 7 recent transactions in LA COLONIA BUENA VISTA, I estimate this property's value at $249,917. A competitive list price for this home right now would fall in the $181,000 to $191,000 range. This pricing would rank the home as the 2nd most expensive of 7 comparable homes on the market in LA COLONIA BUENA VISTA's current inventory. At 26 years older than typical comps, the 1975 build date influences the valuation. The larger lot (0.19 acres versus the area average of 0.13) contributes to the valuation. 7 similar homes are currently available in LA COLONIA BUENA VISTA, creating a buyer's market for this price range. Prices in 78621 have fallen 8.3% over the last 6 months. A similar home at 307 Bendecido LOOP, Elgin TX 78621 carries an adjusted comparable value of $238,387, providing a strong data point. With 7 comparable sales in LA COLONIA BUENA VISTA, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group