1200 N Main ST, Elgin TX 78621

Based on 7 closed sales in MARTINSON, the data points to a value around $285,906 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $333,000 to $338,000. Buyers shopping in MARTINSON right now would see this as a well positioned option among 7 comparable homes. Being built in 1985 (31 years older than comps) is factored into the value estimate. Lot size matters here: 0.05 acres versus 0.19 for the typical comp. Buyers in MARTINSON have 7 comparable options right now, with asking prices between $310,000 and $749,000. Market data shows 78621 prices fallen 8.3% over the last half year. The closest comparable sale, 205 E 11th ST, Elgin TX 78621 at an adjusted $345,397, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in MARTINSON. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group