126 Monterrey ST, Elgin TX 78621

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $259,666. I'd recommend coming to market at $312,000 to $369,000 to strike the right balance between value and market velocity. In the current LA COLONIA BUENA VISTA market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. Built in 1978, this home is 21 years newer than the average comp, which is reflected in the adjustments. The 0.25 acre lot (smaller than the 0.40 acre average) is reflected in the estimate. The active market in LA COLONIA BUENA VISTA includes 7 comparable homes priced from $284,999 to $389,000. The trend in 78621 shows prices have fallen 8.3% in the past 6 months. 118 Anderson DR, Elgin TX 78621 nearby adjusts to $310,335; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group