115 Canary ST, Elgin TX 78621

Reviewing the most recent comparable transactions, this home's market value falls around $248,162. For a well positioned listing in SUNSET HEIGHTS, I'd target the $295,000 to $306,000 range. With 7 comparable homes on the market in SUNSET HEIGHTS, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. The 1960 construction puts this home 22 years older than the comp average, a factor in the pricing. At 0.34 acres, the lot is larger than the 0.22 acre comp average, which factors into pricing. With 7 similar homes currently listed in SUNSET HEIGHTS (a buyer's market), competition is a factor to consider. Recent trends in 78621 show home values have fallen 8.3% since 6 months ago. The most comparable recent sale is 826 Savannah CV, Elgin TX 78621, with an adjusted value of $226,656; a strong comparable. 7 comparable transactions in SUNSET HEIGHTS 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