151 Ella LN, Elgin TX 78621

Based on 7 closed sales in GARRETSON, THOMAS, the data points to a value around $321,306 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $255,000 to $265,000. Buyers shopping in GARRETSON, THOMAS right now would see this as a well positioned option among 7 comparable homes. Being built in 2002 (13 years newer than comps) is factored into the value estimate. Lot size matters here: 0.50 acres versus 2.02 for the typical comp. 7 similar homes are currently available in GARRETSON, THOMAS, creating a buyer's market for this price range. Market data shows 78621 prices fallen 9.5% over the last half year. The closest comparable sale, 101 Plum DR, Elgin TX 78621 at an adjusted $295,560, 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