14205 County Line RD, Elgin TX 78621

The market data from 7 similar recent sales in 78621 points to a value of approximately $297,713. To sell within a reasonable timeframe at fair market value, the $181,000 to $191,000 range is where I'd position this. In the current 78621 market with 5 similar homes available, this price represents the 2nd least expensive of 5 comparable homes on the market. This home's larger footprint (550 sqft vs the comp average) plays a role in how the market prices it. The 1995 construction puts this home 34 years newer than the comp average, a factor in the pricing. Current inventory shows 5 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 151 Ella LN, Elgin TX 78621, adjusting to $373,939; with a smaller floor plan. The 7 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