2061 Upper Elgin River RD, Elgin TX 78621

After reviewing 7 recent transactions in TEXAS HERITAGE, I estimate this property's value at $319,340. A competitive list price for this home right now would fall in the $323,000 to $374,000 range. This home's position in the current TEXAS HERITAGE market: no active comparable homes on the market among comparable properties. This home's smaller footprint (926 sqft vs the comp average) plays a role in how the market prices it. The smaller lot (3.00 acres versus the area average of 6.65) contributes to the valuation. Prices in 78621 have fallen 8.3% over the last 6 months. A similar home at 209 Dry Willow RD, Elgin TX 78621 carries an adjusted comparable value of $312,969, providing a strong data point. The comp data here (7 sales in TEXAS HERITAGE) 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