300 Maple LN, Elgin TX 78621

The market data from 7 similar recent sales in 78621 points to a value of approximately $328,827. To sell within a reasonable timeframe at fair market value, the $231,000 to $241,000 range is where I'd position this. With 7 comparable homes on the market in 78621, this price positions the property as the most expensive of 7 comparable homes on the market. Being 135 sqft larger than the average comparable sale in this area impacts the per square foot value. The 1995 construction puts this home 29 years newer than the comp average, a factor in the pricing. Right now, 7 similar properties are competing for buyers in 78621, listed between $215,000 and $399,900. In 78621, home values have fallen approximately 8.3% over the past 6 months. One of the strongest data points is 182 Wayside CT, Elgin TX 78621, adjusting to $343,956; 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