2054 Fm 1704, Elgin TX 78621

The estimated value of this property is $414,880, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $592,000 and $610,000. At this price, the property would be the 2nd least expensive of 4 comparable homes on the market comparable homes currently on the market in STANDIFER, JAMES. The larger floor plan (113 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1981, this home is 25 years older than the average comp, which is reflected in the adjustments. With 4 similar homes currently listed in STANDIFER, JAMES (a buyer's market), competition is a factor to consider. Recent trends in 78621 show home values have fallen 8.3% since 6 months ago. The most comparable recent sale is 12701 Waynespur LN, Elgin TX 78621, with an adjusted value of $317,717; a strong comparable. Based on 7 relevant data points in STANDIFER, JAMES, 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