142 Vicksburg LOOP, Elgin TX 78621

The market data from 3 similar recent sales in 78621 points to a value of approximately $303,511. To sell within a reasonable timeframe at fair market value, the $243,000 to $253,000 range is where I'd position this. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in 78621. Being 140 sqft larger than the average comparable sale in this area impacts the per square foot value. Current inventory shows 7 comparable homes in 78621; a buyer's market based on recent absorption. In 78621, home values have fallen approximately 8.3% over the past 6 months. One of the strongest data points is 618 Lavaca LOOP, Elgin TX 78621, adjusting to $299,290; with a smaller floor plan. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group