2121 Fm 1704, Elgin TX 78621

The estimated value of this property is $398,210, 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. With 4 comparable homes on the market in WEST, C, this price positions the property as the 2nd most expensive of 4 comparable homes on the market. Being 170 sqft larger than the average comparable sale in this area impacts the per square foot value. The 4.02 acre lot (smaller than the 5.46 acre average) is reflected in the estimate. The active market in WEST, C includes 4 comparable homes priced from $325,000 to $800,000. Recent trends in 78621 show home values have fallen 8.3% since 6 months ago. The most comparable recent sale is 150 Uriah DR, Elgin TX 78621, with an adjusted value of $288,772; a strong comparable. Based on 7 relevant data points in WEST, C, 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