205 Church ST, Elgin TX 78621

The market data from 7 similar recent sales in SMITH, J points to a value of approximately $255,275. To sell within a reasonable timeframe at fair market value, the $164,000 to $174,000 range is where I'd position this. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in SMITH, J. The smaller floor plan (105 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1980 construction puts this home 23 years newer than the comp average, a factor in the pricing. Right now, 7 similar properties are competing for buyers in SMITH, J, listed between $180,000 and $249,900. In 78621, home values have fallen approximately 8.3% over the past 6 months. One of the strongest data points is 204 E Brenham ST, Elgin TX 78621, adjusting to $250,110; a strong comparable. 7 comparable transactions in SMITH, J support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group