136 Vista DR, Elgin TX 78621

The estimated value of this property is $296,664, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $214,000 and $224,000. Against 7 similar active listings in VISTA DEL ARROYO, this price point lands at the most expensive of 7 comparable homes on the market. Being 199 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 1984, this home is 8 years older than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in VISTA DEL ARROYO (a buyer's market), competition is a factor to consider. Recent trends in 78621 show home values have fallen 10% since 6 months ago. The most comparable recent sale is 636 Old Sayers RD, Elgin TX 78621, with an adjusted value of $254,803; 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