125 E Susette DR, Elgin TX 78621

The estimated value of this property is $420,175, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $170,000 and $180,000. Among the similar homes currently available in 78621, this price point stands out as competitive. Built in 2001, this home is 5 years newer than the average comp, which is reflected in the adjustments. The 2.02 acre lot (smaller than the 5.26 acre average) is reflected in the estimate. Current inventory shows 1 comparable homes in 78621; a buyer's market based on recent absorption. Recent trends in 78621 show home values have fallen 8.3% since 6 months ago. The most comparable recent sale is 371 Youngs Prairie RD, Elgin TX 78621, with an adjusted value of $465,657; 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