111 N Westbrook LN, Elgin TX 78621

Based on 7 closed sales in 78621, the data points to a value around $284,204 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $232,000 to $242,000. This home's position in the current 78621 market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. Being built in 1960 (27 years older than comps) is factored into the value estimate. Lot size matters here: 23.34 acres versus 1.71 for the typical comp. With 7 similar homes currently listed in 78621 (a buyer's market), competition is a factor to consider. Market data shows 78621 prices fallen 7.8% over the last half year. The closest comparable sale, 202 S Ave B, Elgin TX 78621 at an adjusted $142,843, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus