162 Todd TRL, Elgin TX 78621

Based on 7 closed sales in 78621, the data points to a value around $409,950 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $451,000 to $477,000. This would position the home competitively among 2 active listings in 78621. Being 122 sqft larger than the average comparable sale in this area impacts the per square foot value. Being built in 1984 (15 years older than comps) is factored into the value estimate. Current inventory shows 2 comparable homes in 78621; a buyer's market based on recent absorption. Market data shows 78621 prices fallen 8.3% over the last half year. The closest comparable sale, 2245 Fm 969, Elgin TX 78621 at an adjusted $451,427, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in 78621. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group