124 Louise ST, Elgin TX 78621

The estimated value of this property is $197,415, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $223,000 and $224,000. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in 78621. This home's smaller footprint (208 sqft vs the comp average) plays a role in how the market prices it. Built in 1980, this home is 11 years older than the average comp, which is reflected in the adjustments. Buyers in 78621 have 7 comparable options right now, with asking prices between $180,000 and $299,000. Recent trends in 78621 show home values have fallen 8.3% since 6 months ago. The most comparable recent sale is 517 N Avenue F, Elgin TX 78621, with an adjusted value of $222,992; 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