164 Ashwood DR, Elgin TX 78621

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $459,927. I'd recommend coming to market at $356,000 to $366,000 to strike the right balance between value and market velocity. With 6 comparable homes on the market in 78621, this price positions the property as the 3rd least expensive of 6 comparable homes on the market. This home's larger footprint (298 sqft vs the comp average) plays a role in how the market prices it. The 0.92 acre lot (smaller than the 2.84 acre average) is reflected in the estimate. 6 similar homes are currently available in 78621, creating a buyer's market for this price range. The trend in 78621 shows prices have fallen 8.3% in the past 6 months. 128 Pin Oak XING, Elgin TX 78621 nearby adjusts to $445,508; with a larger floor plan. Based on 7 relevant data points in 78621, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX