201 N Avenue B, Elgin TX 78621

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $285,140. I'd recommend coming to market at $277,000 to $294,000 to strike the right balance between value and market velocity. At this price, the property would be the most affordable of 7 comparable homes on the market comparable homes currently on the market in ELGIN CITY. At 261 sqft larger than the typical comp, the size difference factors into the valuation. Built in 1960, this home is 22 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in ELGIN CITY; a buyer's market based on recent absorption. The trend in 78621 shows prices have fallen 8.3% in the past 6 months. 206 M L K DR # B, Elgin TX 78621 nearby adjusts to $130,874; 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