122 Lost Pine ST, Elgin TX 78621

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $332,686. To generate strong buyer interest while maximizing value, I'd price this between $267,000 and $277,000. With 4 comparable homes on the market in 78621, this price positions the property as the 2nd least expensive of 4 comparable homes on the market. The 1981 construction puts this home 37 years older than the comp average, a factor in the pricing. At 0.94 acres, the lot is larger than the 0.88 acre comp average, which factors into pricing. Buyers in 78621 have 4 comparable options right now, with asking prices between $260,000 and $435,000. The trend in 78621 shows prices have fallen 8.3% in the past 6 months. 471 Upper Elgin River RD, Elgin TX 78621 nearby adjusts to $464,604; 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