220 Loesch DR, Elgin TX 78621

Reviewing the most recent comparable transactions, this home's market value falls around $282,438. For a well positioned listing in ELGIN MEADOWS, I'd target the $274,000 to $291,000 range. In the current ELGIN MEADOWS market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. Being 107 sqft larger than the average comparable sale in this area impacts the per square foot value. The pool is a differentiator here, since 2 of 3 comparable sales didn't include one. With 7 similar homes currently listed in ELGIN MEADOWS (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 216 Loesch DR, Elgin TX 78621, with an adjusted value of $290,089; with a smaller floor plan and no pool. The 3 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