153 Vicksburg LOOP, Elgin TX 78621

The estimated value of this property is $404,102, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $321,000 and $331,000. With 7 comparable homes on the market in 78621, this price positions the property as the most expensive of 7 comparable homes on the market. This home's larger footprint (527 sqft vs the comp average) plays a role in how the market prices it. Built in 2002, this home is 5 years newer than the average comp, which is reflected in the adjustments. Right now, 7 similar properties are competing for buyers in 78621, listed between $325,000 and $749,000. Recent trends in 78621 show home values have fallen 8.3% since 6 months ago. The most comparable recent sale is 121 Grassy LN, Elgin TX 78621, with an adjusted value of $458,000; a strong comparable. Based on 7 relevant data points in 78621, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX