15614 County Line RD, Elgin TX 78621

The market data from 7 similar recent sales in 78621 points to a value of approximately $450,000. To sell within a reasonable timeframe at fair market value, the $349,000 to $359,000 range is where I'd position this. Among the similar homes currently available in 78621, this price point stands out as competitive. The 1991 construction puts this home 9 years newer than the comp average, a factor in the pricing. At 37.57 acres, the lot is larger than the 5.39 acre comp average, which factors into pricing. The active market in 78621 includes 4 comparable homes priced from $339,000 to $795,000. In 78621, home values have fallen approximately 8.3% over the past 6 months. One of the strongest data points is 109 Taylor RD, Elgin TX 78621, adjusting to $453,793; with a larger floor plan. 7 comparable transactions in 78621 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