219 N Avenue J, Elgin TX 78621

My analysis of 7 comparable properties puts this home's estimated value at $206,297. Based on how the local market is moving, a list price between $163,000 and $173,000 would position this home well. This home's position in the current ELLIS market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. At 25 years older than typical comps, the 1963 build date influences the valuation. The smaller lot (0.13 acres versus the area average of 0.17) contributes to the valuation. There are currently 7 similar homes on the market in ELLIS, ranging from $179,990 to $234,905. The 6 month price trend in 78621: fallen 1.2%. The best comp here is 413 E 7th ST, Elgin TX 78621 at an adjusted value of $220,463, a strong comparable. The comp data here (7 sales in ELLIS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus