193 Old Sayers RD, Elgin TX 78621

The market data from 7 similar recent sales in 78621 points to a value of approximately $289,099. To sell within a reasonable timeframe at fair market value, the $196,000 to $206,000 range is where I'd position this. With 7 comparable homes on the market in 78621, this price positions the property as the most expensive of 7 comparable homes on the market. The smaller floor plan (108 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2005 construction puts this home 17 years newer than the comp average, a factor in the pricing. The active market in 78621 includes 7 comparable homes priced from $215,000 to $299,000. In 78621, home values have fallen approximately 8.3% over the past 6 months. One of the strongest data points is 636 Old Sayers RD, Elgin TX 78621, adjusting to $246,029; a strong comparable. 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