238 Pleasant Grove RD, Elgin TX 78621

Based on 7 closed sales in 78621, the data points to a value around $525,010 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $509,000 to $541,000. Relative to what's currently available in 78621, this home would be below the only comparable home currently on the market. Being 190 sqft larger than the average comparable sale in this area impacts the per square foot value. Being built in 1991 (10 years older than comps) is factored into the value estimate. With 1 similar homes currently listed in 78621 (a buyer's market), competition is a factor to consider. Market data shows 78621 prices fallen 8.3% over the last half year. The closest comparable sale, 121 Grassy LN, Elgin TX 78621 at an adjusted $517,558, is with a larger floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus