207 Harris ST, Elgin TX 78621

Reviewing the most recent comparable transactions, this home's market value falls around $257,212. For a well positioned listing in SMITH, J, I'd target the $216,000 to $226,000 range. Against 6 similar active listings in SMITH, J, this price point lands at the most expensive of 6 comparable homes on the market. This home's larger footprint (134 sqft vs the comp average) plays a role in how the market prices it. The 1948 construction puts this home 11 years older than the comp average, a factor in the pricing. Right now, 6 similar properties are competing for buyers in SMITH, J, listed between $215,000 and $299,000. Recent trends in 78621 show home values have fallen 8.3% since 6 months ago. The most comparable recent sale is 151 Ella LN, Elgin TX 78621, with an adjusted value of $242,829; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group