140 Ella LN, Elgin TX 78621

Based on 7 closed sales in GARRETSON, THOMAS, the data points to a value around $259,144 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $210,000 to $220,000. This would position the home competitively among 6 active listings in GARRETSON, THOMAS. The smaller floor plan (248 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1987 (12 years older than comps) is factored into the value estimate. Right now, 6 similar properties are competing for buyers in GARRETSON, THOMAS, listed between $219,000 and $315,000. Market data shows 78621 prices fallen 9.6% over the last half year. The closest comparable sale, 636 Old Sayers RD, Elgin TX 78621 at an adjusted $236,973, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in GARRETSON, THOMAS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group