1384 Upper Elgin River RD, Elgin TX 78621

The estimated value of this property is $418,619, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $406,000 and $431,000. In the current 78621 market with 1 similar homes available, this price represents below the only comparable home currently on the market. This home's larger footprint (154 sqft vs the comp average) plays a role in how the market prices it. The 4.93 acre lot (larger than the 4.76 acre average) is reflected in the estimate. Buyers in 78621 have 1 comparable options right now, with asking prices between $800,000 and $800,000. Recent trends in 78621 show home values have fallen 8.3% since 6 months ago. The most comparable recent sale is 150 Uriah DR, Elgin TX 78621, with an adjusted value of $318,939; with a smaller floor plan. 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