1115 N Avenue C, Elgin TX 78621

Based on 7 closed sales in CHRISTIAN, THOMAS, the data points to a value around $251,817 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $247,000 to $257,000. Buyers shopping in CHRISTIAN, THOMAS right now would see this as a well positioned option among 3 comparable homes. At 215 sqft smaller than the typical comp, the size difference factors into the valuation. Lot size matters here: 0.54 acres versus 0.20 for the typical comp. Current inventory shows 3 comparable homes in CHRISTIAN, THOMAS; a buyer's market based on recent absorption. Market data shows 78621 prices fallen 1% over the last half year. The closest comparable sale, 164 Daylilly DR, Elgin TX 78621 at an adjusted $266,019, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in CHRISTIAN, THOMAS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group