128 Dodd Preston, Elgin TX 78621

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $410,511. I'd recommend coming to market at $398,000 to $423,000 to strike the right balance between value and market velocity. Among the similar homes currently available in 78621, this price point stands out as competitive. The larger floor plan (331 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1903, this home is 99 years older than the average comp, which is reflected in the adjustments. Current inventory shows 1 comparable homes in 78621; a buyer's market based on recent absorption. The trend in 78621 shows prices have fallen 8.3% in the past 6 months. 302 Arbors CIR, Elgin TX 78621 nearby adjusts to $557,344; with a smaller floor plan. 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