191 Jordan LN, Elgin TX 78621

The estimated value of this property is $484,905, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $414,000 and $424,000. In the current STOVAL, GEO market with 5 similar homes available, this price represents the 2nd least expensive of 5 comparable homes on the market. The larger floor plan (481 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1981, this home is 16 years older than the average comp, which is reflected in the adjustments. With 5 similar homes currently listed in STOVAL, GEO (a buyer's market), competition is a factor to consider. Recent trends in 78621 show home values have fallen 8.3% since 6 months ago. The most comparable recent sale is 128 Pin Oak XING, Elgin TX 78621, with an adjusted value of $510,600; with a smaller floor plan. Based on 7 relevant data points in STOVAL, GEO, 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