202 D Old Lexington, Elgin TX 78621

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $339,043. Pricing this home between $329,000 and $349,000 would put it in the competitive sweet spot for 78621. Relative to what's currently available in 78621, this home would be below the only comparable home currently on the market. At 5 years older than typical comps, the 2001 build date influences the valuation. The larger lot (1.00 acres versus the area average of 0.35) contributes to the valuation. There are currently 1 similar homes on the market in 78621, ranging from $625,000 to $625,000. Market data shows 78621 prices fallen 8.3% over the last half year. The closest comparable sale, 264 Bendecido LOOP, Elgin TX 78621 at an adjusted $340,827, is a strong comparable. With 7 comparable sales in 78621, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group