155 Mariposa LN, Elgin TX 78621

Based on 7 closed sales in CHRISTIAN, THOMAS, the data points to a value around $402,635 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $207,000 to $217,000. Relative to what's currently available in CHRISTIAN, THOMAS, this home would be the most expensive of 2 comparable homes on the market. The larger floor plan (487 sqft compared to the average comp) is a meaningful differentiator in this price range. Lot size matters here: 5.00 acres versus 2.22 for the typical comp. Buyers in CHRISTIAN, THOMAS have 2 comparable options right now, with asking prices between $201,000 and $325,000. Market data shows 78621 prices fallen 8.3% over the last half year. The closest comparable sale, 206 M L K DR # B, Elgin TX 78621 at an adjusted $197,154, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in CHRISTIAN, THOMAS. 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