155 Balch RD, Elgin TX 78621

The comparable sales data (7 recent transactions in 78621) supports an estimated value of $367,314. The data suggests a list price between $394,000 and $447,000 would attract qualified buyers without leaving money on the table. Buyers shopping in 78621 right now would see this as a well positioned option among 3 comparable homes. Being built in 2001 (10 years older than comps) is factored into the value estimate. Lot size matters here: 10.04 acres versus 2.43 for the typical comp. With 3 similar homes currently listed in 78621 (a buyer's market), competition is a factor to consider. Prices in 78621 have fallen 8.3% over the last 6 months. A similar home at 150 Uriah DR, Elgin TX 78621 carries an adjusted comparable value of $346,765, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in 78621. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group