2811 County Road 484, Elgin TX 78621

Reviewing the most recent comparable transactions, this home's market value falls around $508,622. For a well positioned listing in 78621, I'd target the $523,000 to $787,000 range. At this price, the property would be the most affordable of 3 comparable homes on the market comparable homes currently on the market in 78621. At 309 sqft larger than the typical comp, the size difference factors into the valuation. The 2005 construction puts this home 15 years older than the comp average, a factor in the pricing. The active market in 78621 includes 3 comparable homes priced from $499,999 to $975,000. Recent trends in 78621 show home values have fallen 1.2% since 6 months ago. The most comparable recent sale is 1136 Country Road 484 RD, Elgin TX 78621, with an adjusted value of $511,054; a strong comparable. 7 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