123 Vicksburg LOOP, Elgin TX 78621

After reviewing 7 recent transactions in 78621, I estimate this property's value at $351,616. A competitive list price for this home right now would fall in the $207,000 to $217,000 range. This home's position in the current 78621 market: the 2nd least expensive of 4 comparable homes on the market among comparable properties. The larger floor plan (418 sqft compared to the average comp) is a meaningful differentiator in this price range. At 11 years newer than typical comps, the 2002 build date influences the valuation. There are currently 4 similar homes on the market in 78621, ranging from $201,000 to $799,000. Prices in 78621 have fallen 8.3% over the last 6 months. A similar home at 206 M L K DR # B, Elgin TX 78621 carries an adjusted comparable value of $168,748, providing a strong data point. The comp data here (7 sales in 78621) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus