111 E 11th ST, Elgin TX 78621

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $357,694. To generate strong buyer interest while maximizing value, I'd price this between $347,000 and $368,000. With 7 comparable homes on the market in 78621, this price positions the property as the 4th most expensive of 7 comparable homes on the market. The pool is a differentiator here, since 6 of 7 comparable sales didn't include one. The 1996 construction puts this home 19 years older than the comp average, a factor in the pricing. With 7 similar homes currently listed in 78621 (a buyer's market), competition is a factor to consider. The trend in 78621 shows prices have fallen 8.3% in the past 6 months. 1241 Lake Terrace DR, Elgin TX 78621 nearby adjusts to $450,645; 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