161 Mundine, Elgin TX 78621

After reviewing 7 recent transactions in 78621, I estimate this property's value at $220,339. A competitive list price for this home right now would fall in the $124,000 to $134,000 range. This pricing would rank the home as below the only comparable home currently on the market in 78621's current inventory. The 444 sqft size difference versus comparable sales is reflected in the adjusted values. At 9 years newer than typical comps, the 1983 build date influences the valuation. With 1 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 204 N Avenue B, Elgin TX 78621 carries an adjusted comparable value of $227,071, providing a strong data point. The comp data here (7 sales in 78621) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus