177 Whipperwill LN, Elgin TX 78621

The market data from 7 similar recent sales in RAINS, JAMES points to a value of approximately $498,423. To sell within a reasonable timeframe at fair market value, the $399,000 to $409,000 range is where I'd position this. In the current RAINS, JAMES market with 4 similar homes available, this price represents the 2nd least expensive of 4 comparable homes on the market. The 246 sqft size difference versus comparable sales is reflected in the adjusted values. The 1981 construction puts this home 18 years older than the comp average, a factor in the pricing. Current inventory shows 4 comparable homes in RAINS, JAMES; a buyer's market based on recent absorption. In 78621, home values have fallen approximately 7.8% over the past 6 months. One of the strongest data points is 302 Arbors CIR, Elgin TX 78621, adjusting to $596,785; a strong comparable. 7 comparable transactions in RAINS, JAMES support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group