12625 County Line RD, Elgin TX 78621

The market data from 7 similar recent sales in 78621 points to a value of approximately $324,437. To sell within a reasonable timeframe at fair market value, the $212,000 to $222,000 range is where I'd position this. In the current 78621 market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. The 1980 construction puts this home 21 years older than the comp average, a factor in the pricing. At 3.01 acres, the lot is larger than the 0.88 acre comp average, which factors into pricing. The active market in 78621 includes 7 comparable homes priced from $230,400 to $440,000. In 78621, home values have fallen approximately 9.6% over the past 6 months. One of the strongest data points is 12701 Waynespur LN, Elgin TX 78621, adjusting to $312,330; a strong comparable. 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