104 Taylor LN, Elgin TX 78621

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $220,303. I'd recommend coming to market at $124,000 to $134,000 to strike the right balance between value and market velocity. Among the similar homes currently available in 78621, this price point stands out as competitive. The smaller floor plan (349 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2.00 acre lot (larger than the 0.65 acre average) is reflected in the estimate. Right now, 2 similar properties are competing for buyers in 78621, listed between $135,000 and $250,000. The trend in 78621 shows prices have fallen 8.3% in the past 6 months. 121 Jackson ST, Elgin TX 78621 nearby adjusts to $192,490; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group