200 Washington ST, Elgin TX 78621

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $351,434. I'd recommend coming to market at $277,000 to $287,000 to strike the right balance between value and market velocity. Against 3 similar active listings in ELGIN CITY, this price point lands at the 0th most expensive of 3 comparable homes on the market. The 0.28 acre lot (larger than the 0.16 acre average) is reflected in the estimate. There are currently 3 similar homes on the market in ELGIN CITY, ranging from $275,000 to $321,770. The trend in 78621 shows prices have fallen 10.2% in the past 6 months. 109 Hidalgo LN, Elgin TX 78621 nearby adjusts to $348,969; a strong comparable. With 5 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group