206 M L K DR # B, Elgin TX 78621

My analysis of 7 comparable properties puts this home's estimated value at $315,347. Based on how the local market is moving, a list price between $223,000 and $233,000 would position this home well. This would position the home competitively among 5 active listings in ELGIN CITY. Being 564 sqft larger than the average comparable sale in this area impacts the per square foot value. At 20 years newer than typical comps, the 1976 build date influences the valuation. Current inventory shows 5 comparable homes in ELGIN CITY; a buyer's market based on recent absorption. The 6 month price trend in ELGIN CITY: risen 40.7%. The best comp here is 202 S Ave B, Elgin TX 78621 at an adjusted value of $167,675, with a smaller floor plan. The comp data here (7 sales in ELGIN CITY) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus