2008 Upper Elgin River RD, Elgin TX 78621

The estimated value of this property is $381,320, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $370,000 and $393,000. Against 1 similar active listings in 78621, this price point lands at below the only comparable home currently on the market. At 317 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 2012, this home is 10 years newer than the average comp, which is reflected in the adjustments. 1 similar homes are currently available in 78621, creating a buyer's market for this price range. Recent trends in 78621 show home values have fallen 10.2% since 6 months ago. The most comparable recent sale is 222 Shadow Oaks DR, Elgin TX 78621, with an adjusted value of $354,803; with a larger floor plan. With 7 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