1040 Old Sayers RD, Elgin TX 78621

The estimated value of this property is $333,218, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $453,000 and $472,000. With 6 comparable homes on the market in STOVAL, GEO, this price positions the property as the 2nd least expensive of 6 comparable homes on the market. The larger floor plan (547 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1978, this home is 21 years older than the average comp, which is reflected in the adjustments. Right now, 6 similar properties are competing for buyers in STOVAL, GEO, listed between $345,000 and $574,900. Recent trends in 78621 show home values have fallen 8.3% since 6 months ago. The most comparable recent sale is 115 Pine Cone LN, Elgin TX 78621, with an adjusted value of $415,331; a strong comparable. Based on 7 relevant data points in STOVAL, GEO, 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