179 Jordan LN, Elgin TX 78621

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $539,760. I'd recommend coming to market at $248,000 to $258,000 to strike the right balance between value and market velocity. In the current STOVAL, GEO market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. This home's larger footprint (126 sqft vs the comp average) plays a role in how the market prices it. Built in 2009, this home is 8 years newer than the average comp, which is reflected in the adjustments. Right now, 7 similar properties are competing for buyers in STOVAL, GEO, listed between $230,000 and $574,900. The trend in 78621 shows prices have fallen 8.3% in the past 6 months. 182 Wayside CT, Elgin TX 78621 nearby adjusts to $481,460; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group