2790 County Road 484, Elgin TX 78621

The market data from 7 similar recent sales in 78621 points to a value of approximately $591,823. To sell within a reasonable timeframe at fair market value, the $518,000 to $528,000 range is where I'd position this. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in 78621. This home's smaller footprint (104 sqft vs the comp average) plays a role in how the market prices it. The pool is a differentiator here, since 7 of 7 comparable sales didn't include one. There are currently 3 similar homes on the market in 78621, ranging from $499,900 to $865,000. In 78621, home values have fallen approximately 5% over the past 6 months. One of the strongest data points is 153 County Road 491, Elgin TX 78621, adjusting to $801,159; with a larger floor plan and no pool. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group