301 Harris ST, Elgin TX 78621

Based on 7 closed sales in SMITH, J, the data points to a value around $236,018 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $129,000 to $139,000. This pricing would rank the home as the most expensive of 2 comparable homes on the market in SMITH, J's current inventory. At 450 sqft smaller than the typical comp, the size difference factors into the valuation. Lot size matters here: 0.51 acres versus 0.36 for the typical comp. With 2 similar homes currently listed in SMITH, J (a buyer's market), competition is a factor to consider. Market data shows 78621 prices fallen 8.3% over the last half year. The closest comparable sale, 204 N Avenue B, Elgin TX 78621 at an adjusted $217,404, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in SMITH, J. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group