1601 County Road 461 RD, Elgin TX 78621

The estimated value of this property is $388,429, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $295,000 and $305,000. Among the similar homes currently available in WHEELER, H.H. SUR, this price point stands out as competitive. The smaller floor plan (251 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1997, this home is 19 years older than the average comp, which is reflected in the adjustments. With 1 similar homes currently listed in WHEELER, H.H. SUR (a buyer's market), competition is a factor to consider. Recent trends in 78621 show home values have fallen 7.4% since 6 months ago. The most comparable recent sale is 300 Herrin ST, Coupland TX 78615, with an adjusted value of $396,100; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group