204 N 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 $244,692. I'd recommend coming to market at $129,000 to $139,000 to strike the right balance between value and market velocity. With 1 comparable homes on the market in ELGIN CITY, this price positions the property as below the only comparable home currently on the market. This home's smaller footprint (495 sqft vs the comp average) plays a role in how the market prices it. Built in 1946, this home is 8 years newer than the average comp, which is reflected in the adjustments. With 1 similar homes currently listed in ELGIN CITY (a buyer's market), competition is a factor to consider. The trend in 78621 shows prices have fallen 5.9% in the past 6 months. 204 E Brenham ST, Elgin TX 78621 nearby adjusts to $194,716; with a larger floor plan. 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