1165 Red Town RD, Elgin TX 78621

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $353,100. To generate strong buyer interest while maximizing value, I'd price this between $177,000 and $187,000. Among the similar homes currently available in CHRISTIAN, THOMAS, this price point stands out as competitive. The 177 sqft size difference versus comparable sales is reflected in the adjusted values. The 1881 construction puts this home 101 years older than the comp average, a factor in the pricing. The active market in CHRISTIAN, THOMAS includes 6 comparable homes priced from $201,000 to $799,000. The trend in 78621 shows prices have fallen 8.3% in the past 6 months. 108 Bill ST, Elgin TX 78621 nearby adjusts to $331,975; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group