202 S 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 $259,486. I'd recommend coming to market at $219,000 to $229,000 to strike the right balance between value and market velocity. In the current 78621 market with 5 similar homes available, this price represents the most expensive of 5 comparable homes on the market. Built in 1981, this home is 16 years newer than the average comp, which is reflected in the adjustments. The 0.11 acre lot (smaller than the 0.68 acre average) is reflected in the estimate. The active market in 78621 includes 5 comparable homes priced from $215,000 to $265,000. The trend in 78621 shows prices have fallen 8.3% in the past 6 months. 101 Plum DR, Elgin TX 78621 nearby adjusts to $250,664; a strong comparable. 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