206 E 5th ST, Elgin TX 78621

Based on 7 closed sales in PUCKETT, the data points to a value around $202,663 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $167,000 to $177,000. This pricing would rank the home as the 3rd least expensive of 7 comparable homes on the market in PUCKETT's current inventory. At 246 sqft smaller than the typical comp, the size difference factors into the valuation. Being built in 1946 (42 years older than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in PUCKETT; a buyer's market based on recent absorption. Market data shows 78621 prices fallen 8.3% over the last half year. The closest comparable sale, 517 N Avenue F, Elgin TX 78621 at an adjusted $196,654, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in PUCKETT. 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