17921 Violet LN, Elgin TX 78621

The market data from 7 similar recent sales in 78621 points to a value of approximately $249,349. To sell within a reasonable timeframe at fair market value, the $264,000 to $273,000 range is where I'd position this. With 3 comparable homes on the market in 78621, this price positions the property as the most expensive of 3 comparable homes on the market. At 218 sqft larger than the typical comp, the size difference factors into the valuation. The 2006 construction puts this home 5 years older than the comp average, a factor in the pricing. There are currently 3 similar homes on the market in 78621, ranging from $209,900 to $259,999. In 78621, home values have fallen approximately 3.3% over the past 6 months. One of the strongest data points is 17920 Honey Locust LN, Elgin TX 78621, adjusting to $241,247; with a smaller floor plan. 7 comparable transactions in 78621 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