Based on 7 closed sales in 78621, the data points to a value around $284,006 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $280,000 to $343,000. This pricing would rank the home as no active comparable homes on the market in 78621's current inventory. The smaller floor plan (424 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1999 (10 years newer than comps) is factored into the value estimate. Market data shows 78621 prices fallen 8.3% over the last half year. The closest comparable sale, 149 Wayside DR, Elgin TX 78621 at an adjusted $276,342, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus