18201 Fm 1100, Elgin TX 78621

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $382,637. To generate strong buyer interest while maximizing value, I'd price this between $371,000 and $394,000. In the current 78621 market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. The pool is a differentiator here, since 7 of 7 comparable sales didn't include one. The 1977 construction puts this home 40 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in 78621; a buyer's market based on recent absorption. The trend in 78621 shows prices have fallen 9.1% in the past 6 months. 205 E 11th ST, Elgin TX 78621 nearby adjusts to $456,880; with no pool. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group