300 E 11th ST, Elgin TX 78621

The market data from 7 similar recent sales in 78621 points to a value of approximately $382,371. To sell within a reasonable timeframe at fair market value, the $317,000 to $327,000 range is where I'd position this. With 7 comparable homes on the market in 78621, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. The pool is a differentiator here, since 7 of 7 comparable sales didn't include one. At 0.70 acres, the lot is larger than the 0.21 acre comp average, which factors into pricing. The active market in 78621 includes 7 comparable homes priced from $322,000 to $408,914. In 78621, home values have fallen approximately 8.3% over the past 6 months. One of the strongest data points is 100 Blanco Woods BLVD, Elgin TX 78621, adjusting to $337,344; with 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