194 Balch RD, Elgin TX 78621

Reviewing the most recent comparable transactions, this home's market value falls around $393,432. For a well positioned listing in STANDIFER, JAMES, I'd target the $523,000 to $597,000 range. Against 4 similar active listings in STANDIFER, JAMES, this price point lands at the 2nd least expensive of 4 comparable homes on the market. The larger floor plan (150 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1969 construction puts this home 40 years older than the comp average, a factor in the pricing. There are currently 4 similar homes on the market in STANDIFER, JAMES, ranging from $399,000 to $899,000. Recent trends in 78621 show home values have fallen 8.3% since 6 months ago. The most comparable recent sale is 471 Upper Elgin River RD, Elgin TX 78621, with an adjusted value of $523,138; with a smaller floor plan. 7 comparable transactions in STANDIFER, JAMES 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