1522 Old McDade RD, Elgin TX 78621

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $288,985. To generate strong buyer interest while maximizing value, I'd price this between $301,000 and $375,000. At this price, the property would be the most affordable of 3 comparable homes on the market comparable homes currently on the market in WALTERS. The 1999 construction puts this home 10 years older than the comp average, a factor in the pricing. At 1.73 acres, the lot is larger than the 0.50 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in WALTERS; a buyer's market based on recent absorption. The trend in 78621 shows prices have fallen 9.2% in the past 6 months. 209 Antietam DR, Elgin TX 78621 nearby adjusts to $287,272; a strong comparable. 7 comparable transactions in WALTERS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group