1338 FM 1704, Elgin TX 78621

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $417,868. To generate strong buyer interest while maximizing value, I'd price this between $454,000 and $500,000. With 0 comparable homes on the market in NO, this price positions the property as no active comparable homes on the market. This home's larger footprint (2,417 sqft vs the comp average) plays a role in how the market prices it. The 1890 construction puts this home 90 years older than the comp average, a factor in the pricing. The trend in NO shows prices have fallen 3.6% in the past 6 months. 821 Central Ave, Elgin TX 78621 nearby adjusts to $453,745; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group