2188 Fm 1704, Elgin TX 78621

The estimated value of this property is $353,321, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $414,000 and $483,000. Against 4 similar active listings in WEST, C, this price point lands at the most affordable of 4 comparable homes on the market. The pool is a standout feature, with 7 of 7 comparable homes not offering one. Built in 1984, this home is 31 years older than the average comp, which is reflected in the adjustments. With 4 similar homes currently listed in WEST, C (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 342 Bendecido LOOP, Elgin TX 78621, with an adjusted value of $348,375; with no pool. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group