116 Irene ST, Elgin TX 78621

My analysis of 7 comparable properties puts this home's estimated value at $240,854. Based on how the local market is moving, a list price between $251,000 and $255,000 would position this home well. Relative to what's currently available in DANNELLEY, this home would be the 4th most expensive of 7 comparable homes on the market. At 125 sqft larger than the typical comp, the size difference factors into the valuation. At 14 years older than typical comps, the 1940 build date influences the valuation. Right now, 7 similar properties are competing for buyers in DANNELLEY, listed between $215,000 and $299,990. The 6 month price trend in 78621: fallen 10.2%. The best comp here is 215 Taylor RD, Elgin TX 78621 at an adjusted value of $240,813, a strong comparable. With 7 comparable sales in DANNELLEY, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group