221 Lower Elgin RD, Elgin TX 78621

7 recent sales in the surrounding area of this address suggest a current value of $260,726. My recommended list price range for this property would be $253,000 to $269,000. In the current 78621 market with 1 similar homes available, this price represents below the only comparable home currently on the market. At 221 sqft larger than the typical comp, the size difference factors into the valuation. Built in 1930, this home is 68 years older than the average comp, which is reflected in the adjustments. The active market in 78621 includes 1 comparable homes priced from $340,000 to $340,000. In 78621, home values have fallen approximately 8.3% over the past 6 months. One of the strongest data points is 142 Hidden Oaks LOOP, Elgin TX 78621, adjusting to $248,765; with a larger floor plan and a pool. Based on 7 relevant data points in 78621, 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