106 Jordan LN, Elgin TX 78621

The market data from 7 similar recent sales in 78621 points to a value of approximately $286,202. To sell within a reasonable timeframe at fair market value, the $302,000 to $316,000 range is where I'd position this. Against 7 similar active listings in 78621, this price point lands at the 3rd least expensive of 7 comparable homes on the market. The 1984 construction puts this home 33 years older than the comp average, a factor in the pricing. At 1.00 acres, the lot is larger than the 0.37 acre comp average, which factors into pricing. Buyers in 78621 have 7 comparable options right now, with asking prices between $260,000 and $449,999. In 78621, home values have fallen approximately 8.3% over the past 6 months. One of the strongest data points is 166 Shady DR, Elgin TX 78621, adjusting to $223,533; a strong comparable. 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