241 Lower Elgin RD, Elgin TX 78621

After reviewing 7 recent transactions in WEST, C, I estimate this property's value at $279,650. A competitive list price for this home right now would fall in the $271,000 to $288,000 range. Buyers shopping in WEST, C right now would see this as a well positioned option among 1 comparable homes. At 18 years older than typical comps, the 1976 build date influences the valuation. The smaller lot (1.25 acres versus the area average of 1.81) contributes to the valuation. Buyers in WEST, C have 1 comparable options right now, with asking prices between $340,000 and $340,000. Prices in 78621 have fallen 8.3% over the last 6 months. A similar home at 142 Hidden Oaks LOOP, Elgin TX 78621 carries an adjusted comparable value of $241,962, providing a strong data point. With 7 comparable sales in WEST, C, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group