2016 Upper Elgin River RD, Elgin TX 78621

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $336,741. I'd recommend coming to market at $345,000 to $349,000 to strike the right balance between value and market velocity. In the current 78621 market with 0 similar homes available, this price represents no active comparable homes on the market. This home's smaller footprint (591 sqft vs the comp average) plays a role in how the market prices it. Built in 2009, this home is 8 years newer than the average comp, which is reflected in the adjustments. The trend in 78621 shows prices have fallen 8.3% in the past 6 months. 2453 FM 969 # A, Elgin TX 78621 nearby adjusts to $348,738; a strong comparable. Based on 7 relevant data points in 78621, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX