109 W 7th ST, Elgin TX 78621

Reviewing the most recent comparable transactions, this home's market value falls around $259,622. For a well positioned listing in W &, I'd target the $159,000 to $169,000 range. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in W &. At 403 sqft smaller than the typical comp, the size difference factors into the valuation. The 1965 construction puts this home 25 years newer than the comp average, a factor in the pricing. There are currently 7 similar homes on the market in W &, ranging from $180,000 to $250,000. Recent trends in 78621 show home values have fallen 8.3% since 6 months ago. The most comparable recent sale is 209 E 8th ST, Elgin TX 78621, with an adjusted value of $261,059; a strong comparable. 7 comparable transactions in W & 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