11906 County Line RD, Elgin TX 78621

The estimated value of this property is $328,116, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $220,000 and $230,000. With 7 comparable homes on the market in 78621, this price positions the property as the most expensive of 7 comparable homes on the market. Built in 1998, this home is 13 years older than the average comp, which is reflected in the adjustments. The 8.98 acre lot (larger than the 0.84 acre average) is reflected in the estimate. The active market in 78621 includes 7 comparable homes priced from $242,500 to $665,500. Recent trends in 78621 show home values have fallen 8.3% since 6 months ago. The most comparable recent sale is 618 Lavaca LOOP, Elgin TX 78621, with an adjusted value of $311,397; a strong comparable. Based on 7 relevant data points in 78621, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX