263 Roemer RD, Elgin TX 78621

The market data from 4 similar recent sales in 78621 points to a value of approximately $539,244. To sell within a reasonable timeframe at fair market value, the $523,000 to $555,000 range is where I'd position this. In the current 78621 market with 0 similar homes available, this price represents no active comparable homes on the market. The larger floor plan (1,912 sqft compared to the average comp) is a meaningful differentiator in this price range. The pool is a differentiator here, since 4 of 4 comparable sales didn't include one. In 78621, home values have fallen approximately 8.3% over the past 6 months. One of the strongest data points is 194 Elgin Woods LN, Elgin TX 78621, adjusting to $724,350; with a smaller floor plan and no pool. 4 comparable transactions in 78621 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group