1397 Fm 1704, Elgin TX 78621

Based on 7 closed sales in MEADOW GLEN, the data points to a value around $336,959 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $272,000 to $282,000. Buyers shopping in MEADOW GLEN right now would see this as a well positioned option among 7 comparable homes. Being built in 2004 (21 years older than comps) is factored into the value estimate. Lot size matters here: 2.48 acres versus 0.12 for the typical comp. 7 similar homes are currently available in MEADOW GLEN, creating a buyer's market for this price range. Market data shows 78621 prices fallen 8.3% over the last half year. The closest comparable sale, 264 Bendecido LOOP, Elgin TX 78621 at an adjusted $354,137, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus