1406 N Avenue C, Elgin TX 78621

My analysis of 7 comparable properties puts this home's estimated value at $349,642. Based on how the local market is moving, a list price between $339,000 and $360,000 would position this home well. This pricing would rank the home as below the only comparable home currently on the market in BURLESON, JONATHAN's current inventory. The 828 sqft size difference versus comparable sales is reflected in the adjusted values. The larger lot (2.00 acres versus the area average of 0.79) contributes to the valuation. Current inventory shows 1 comparable homes in BURLESON, JONATHAN; a buyer's market based on recent absorption. The 6 month price trend in 78621: fallen 8.3%. The best comp here is 206 M L K DR # B, Elgin TX 78621 at an adjusted value of $208,689, with a smaller floor plan. With 7 comparable sales in BURLESON, JONATHAN, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group