118 Carver ST, Elgin TX 78621

Reviewing the most recent comparable transactions, this home's market value falls around $215,422. For a well positioned listing in MADISON, J, I'd target the $174,000 to $184,000 range. Against 7 similar active listings in MADISON, J, this price point lands at the 2nd least expensive of 7 comparable homes on the market. The 165 sqft size difference versus comparable sales is reflected in the adjusted values. The 1950 construction puts this home 21 years older than the comp average, a factor in the pricing. The active market in MADISON, J includes 7 comparable homes priced from $180,000 to $249,900. Recent trends in 78621 show home values have fallen 8.3% since 6 months ago. The most comparable recent sale is 204 E Brenham ST, Elgin TX 78621, with an adjusted value of $226,565; a strong comparable. 7 comparable transactions in MADISON, J 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