214 Houston ST, Elgin TX 78621

Reviewing the most recent comparable transactions, this home's market value falls around $195,596. For a well positioned listing in ST JOHNS, I'd target the $200,000 to $201,000 range. At this price, the property would be no active comparable homes on the market comparable homes currently on the market in ST JOHNS. At 407 sqft smaller than the typical comp, the size difference factors into the valuation. At 0.20 acres, the lot is smaller than the 0.89 acre comp average, which factors into pricing. Recent trends in 78621 show home values have fallen 8.3% since 6 months ago. The most comparable recent sale is 121 Jackson ST, Elgin TX 78621, with an adjusted value of $151,026; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group