106 W 10th ST, Elgin TX 78621

After reviewing 7 recent transactions in 78621, I estimate this property's value at $275,694. A competitive list price for this home right now would fall in the $299,000 to $301,000 range. Relative to what's currently available in 78621, this home would be the 2nd least expensive of 7 comparable homes on the market. At 26 years older than typical comps, the 1977 build date influences the valuation. Current inventory shows 7 comparable homes in 78621; a buyer's market based on recent absorption. Prices in 78621 have fallen 8.3% over the last 6 months. A similar home at 118 Anderson DR, Elgin TX 78621 carries an adjusted comparable value of $328,438, providing a strong data point. The comp data here (7 sales in 78621) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus