1283 Fm 1704 RD, Elgin TX 78621

The estimated value of this property is $272,650, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $273,000 and $276,000. With 7 comparable homes on the market in 78621, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. The 2.23 acre lot (larger than the 0.11 acre average) is reflected in the estimate. 7 similar homes are currently available in 78621, creating a buyer's market for this price range. Recent trends in 78621 show home values have fallen 7.9% since 6 months ago. The most comparable recent sale is 142 Two Bits LN, Elgin TX 78621, with an adjusted value of $271,049; 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