210 Ashwood DR, Elgin TX 78621

The market data from 7 similar recent sales in 78621 points to a value of approximately $335,448. To sell within a reasonable timeframe at fair market value, the $286,000 to $296,000 range is where I'd position this. In the current 78621 market with 4 similar homes available, this price represents the 2nd most expensive of 4 comparable homes on the market. The 1979 construction puts this home 18 years older than the comp average, a factor in the pricing. At 0.93 acres, the lot is smaller than the 2.44 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in 78621; a buyer's market based on recent absorption. In 78621, home values have fallen approximately 8.3% over the past 6 months. One of the strongest data points is 182 Wayside CT, Elgin TX 78621, adjusting to $345,817; with a smaller floor plan. 7 comparable transactions in 78621 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