263 FM 696, Elgin TX 78621

The estimated value of this property is $542,811, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $364,000 and $374,000. In the current GOODWIN, WILLIAM market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. This home's larger footprint (149 sqft vs the comp average) plays a role in how the market prices it. Built in 1996, this home is 18 years older than the average comp, which is reflected in the adjustments. Right now, 3 similar properties are competing for buyers in GOODWIN, WILLIAM, listed between $339,900 and $439,900. Recent trends in 78621 show home values have fallen 8.3% since 6 months ago. The most comparable recent sale is TBD FM 3000 Tract 9, Elgin TX 78621, with an adjusted value of $701,186; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group