116 Lost Pine ST, Elgin TX 78621

After reviewing 7 recent transactions in 78621, I estimate this property's value at $349,328. A competitive list price for this home right now would fall in the $339,000 to $360,000 range. Buyers shopping in 78621 right now would see this as a well positioned option among 1 comparable homes. At 10 years older than typical comps, the 1986 build date influences the valuation. The smaller lot (0.99 acres versus the area average of 3.43) contributes to the valuation. Right now, 1 similar properties are competing for buyers in 78621, listed between $399,500 and $399,500. Prices in 78621 have fallen 9.1% over the last 6 months. A similar home at 182 Wayside CT, Elgin TX 78621 carries an adjusted comparable value of $351,568, providing a strong data point. With 7 comparable sales in 78621, 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