211 Lower Elgin RD, Elgin TX 78621

The estimated value of this property is $492,288, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $343,000 and $353,000. Among the similar homes currently available in 78621, this price point stands out as competitive. Built in 1992, this home is 9 years older than the average comp, which is reflected in the adjustments. The 8.00 acre lot (larger than the 2.29 acre average) is reflected in the estimate. Right now, 1 similar properties are competing for buyers in 78621, listed between $345,000 and $345,000. Recent trends in 78621 show home values have fallen 10% since 6 months ago. The most comparable recent sale is 115 Pine Cone LN, Elgin TX 78621, with an adjusted value of $464,034; with a smaller floor plan. Based on 7 relevant data points in 78621, 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