208 N Avenue, Elgin TX 78621

This home was listed at $299,500 and was on the market for 49 days before being withdrawn. Based on comparable sales, the market data suggests a value closer to $289,148. Here are some factors that may have played a role: The listing had a price reduction during its time on market, which can sometimes affect buyer perception. At the time, there appear to have been 1 similar homes available at lower price points, which may have given buyers other options. At $220/sqft, the asking price was 32% above the area median, though there may have been upgrades or features not captured in the data. The 105 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1940, this home is 12 years older than the average comp, which is reflected in the adjustments. Based on 7 relevant data points in ELGIN CITY, 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