280 Monkey RD, Elgin TX 78621

After reviewing 7 recent transactions in STANDIFER, ELIZABETH, I estimate this property's value at $446,540. A competitive list price for this home right now would fall in the $650,000 to $687,000 range. This would position the home competitively among 2 active listings in STANDIFER, ELIZABETH. This home's larger footprint (1,739 sqft vs the comp average) plays a role in how the market prices it. The larger lot (7.08 acres versus the area average of 1.19) contributes to the valuation. There are currently 2 similar homes on the market in STANDIFER, ELIZABETH, ranging from $1,365,000 to $1,699,999. Prices in 78621 have fallen 8.3% over the last 6 months. A similar home at 471 Upper Elgin River RD, Elgin TX 78621 carries an adjusted comparable value of $649,988, providing a strong data point. With 7 comparable sales in STANDIFER, ELIZABETH, 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