2029 Upper Elgin River RD, Elgin TX 78621

Based on 7 closed sales in TEXAS HERITAGE, the data points to a value around $375,106 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $364,000 to $386,000. This pricing would rank the home as below the only comparable home currently on the market in TEXAS HERITAGE's current inventory. This home's smaller footprint (227 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 4.99 acres versus 6.08 for the typical comp. 1 similar homes are currently available in TEXAS HERITAGE, creating a buyer's market for this price range. Market data shows 78621 prices fallen 8.3% over the last half year. The closest comparable sale, 150 Uriah DR, Elgin TX 78621 at an adjusted $306,180, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in TEXAS HERITAGE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group