202 W Brenham ST, Elgin TX 78621

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $287,159. I'd recommend coming to market at $327,000 to $335,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in ELGIN CITY, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. Built in 1910, this home is 59 years older than the average comp, which is reflected in the adjustments. The 0.32 acre lot (larger than the 0.18 acre average) is reflected in the estimate. The active market in ELGIN CITY includes 7 comparable homes priced from $265,000 to $379,905. The trend in 78621 shows prices have fallen 8.3% in the past 6 months. 108 N Avenue B, Elgin TX 78621 nearby adjusts to $440,318; with a smaller floor plan. Based on 7 relevant data points in ELGIN CITY, 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