2467 Fm 969, Elgin TX 78621

My analysis of 7 comparable properties puts this home's estimated value at $405,244. Based on how the local market is moving, a list price between $393,000 and $417,000 would position this home well. Buyers shopping in 78621 right now would see this as a well positioned option among 1 comparable homes. At 813 sqft larger than the typical comp, the size difference factors into the valuation. At 93 years older than typical comps, the 1910 build date influences the valuation. Current inventory shows 1 comparable homes in 78621; a buyer's market based on recent absorption. The 6 month price trend in 78621: fallen 8.3%. The best comp here is 174 Lazy River LN, Elgin TX 78621 at an adjusted value of $498,487, with a smaller floor plan. With 7 comparable sales in 78621, 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