123 Bilmar ST, Elgin TX 78621

Reviewing the most recent comparable transactions, this home's market value falls around $254,757. For a well positioned listing in 78621, I'd target the $279,000 to $305,000 range. Among the similar homes currently available in 78621, this price point stands out as competitive. This home's smaller footprint (877 sqft vs the comp average) plays a role in how the market prices it. The 1982 construction puts this home 8 years older than the comp average, a factor in the pricing. Recent trends in 78621 show home values have fallen 8.3% since 6 months ago. The most comparable recent sale is 523 Old Highway 20, McDade TX 78650, with an adjusted value of $160,644; with a larger floor plan. 7 comparable transactions in 78621 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