109 E 11th ST, Elgin TX 78621

Reviewing the most recent comparable transactions, this home's market value falls around $301,581. For a well positioned listing in 78621, I'd target the $300,000 to $303,000 range. In the current 78621 market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. The 1984 construction puts this home 28 years older than the comp average, a factor in the pricing. At 0.49 acres, the lot is larger than the 0.34 acre comp average, which factors into pricing. The active market in 78621 includes 7 comparable homes priced from $256,990 to $315,000. Recent trends in 78621 show home values have fallen 8.3% since 6 months ago. The most comparable recent sale is 131 Tolo DR, Elgin TX 78621, with an adjusted value of $275,694; a strong comparable. 7 comparable transactions in 78621 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group