208 N Avenue A, Elgin TX 78621

Reviewing the most recent comparable transactions, this home's market value falls around $319,144. For a well positioned listing in ELGIN CITY, I'd target the $335,000 to $338,000 range. With 7 comparable homes on the market in ELGIN CITY, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. The 1906 construction puts this home 88 years older than the comp average, a factor in the pricing. At 0.25 acres, the lot is larger than the 0.14 acre comp average, which factors into pricing. With 7 similar homes currently listed in ELGIN CITY (a buyer's market), competition is a factor to consider. Recent trends in 78621 show home values have fallen 8.3% since 6 months ago. The most comparable recent sale is 911 N Avenue C ST, Elgin TX 78621, with an adjusted value of $236,698; with a smaller floor plan. 7 comparable transactions in ELGIN CITY support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group