111 E 7th ST, Elgin TX 78621

After reviewing 5 recent transactions in W &, I estimate this property's value at $334,526. A competitive list price for this home right now would fall in the $367,000 to $368,000 range. This pricing would rank the home as below the only comparable home currently on the market in W &'s current inventory. At 17 years newer than typical comps, the 1947 build date influences the valuation. The larger lot (0.49 acres versus the area average of 0.29) contributes to the valuation. With 1 similar homes currently listed in W & (a buyer's market), competition is a factor to consider. Prices in 78621 have fallen 8.3% over the last 6 months. A similar home at 907 N Avenue C, Elgin TX 78621 carries an adjusted comparable value of $366,717, providing a strong data point. The comp data here (5 sales in W &) 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