161 Sandy LN, Elgin TX 78621

Based on 7 closed sales in 78621, the data points to a value around $313,416 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $295,000 to $382,000. Relative to what's currently available in 78621, this home would be the most expensive of 2 comparable homes on the market. Lot size matters here: 1.40 acres versus 1.91 for the typical comp. Right now, 2 similar properties are competing for buyers in 78621, listed between $277,900 and $379,905. Market data shows 78621 prices fallen 8.3% over the last half year. The closest comparable sale, 616 Mogonye LN, Elgin TX 78621 at an adjusted $280,896, 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