117 Pecan DR, Elgin TX 78621

Based on 7 closed sales in WOODLAWN, the data points to a value around $292,383 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $197,000 to $207,000. This home's position in the current WOODLAWN market: the 3rd least expensive of 6 comparable homes on the market among comparable properties. The 478 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 1964 (11 years older than comps) is factored into the value estimate. Current inventory shows 6 comparable homes in WOODLAWN; a buyer's market based on recent absorption. Market data shows 78621 prices fallen 8.3% over the last half year. The closest comparable sale, 114 Pecan DR, Elgin TX 78621 at an adjusted $304,758, is with a smaller floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus