13108 Winecup Mallow TRL, Elgin TX 78621

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $294,312. I'd recommend coming to market at $197,000 to $207,000 to strike the right balance between value and market velocity. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in 78621. The 0.16 acre lot (smaller than the 0.20 acre average) is reflected in the estimate. With 3 similar homes currently listed in 78621 (a buyer's market), competition is a factor to consider. The trend in 78621 shows prices have fallen 5.4% in the past 6 months. 618 Lavaca LOOP, Elgin TX 78621 nearby adjusts to $284,404; a strong comparable. With 3 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