305 Brenham, Elgin TX 78621

Reviewing the most recent comparable transactions, this home's market value falls around $268,805. For a well positioned listing in ELGIN CITY, I'd target the $170,000 to $180,000 range. Among the similar homes currently available in ELGIN CITY, this price point stands out as competitive. The 1942 construction puts this home 6 years older than the comp average, a factor in the pricing. At 0.25 acres, the lot is larger than the 0.18 acre comp average, which factors into pricing. Buyers in ELGIN CITY have 7 comparable options right now, with asking prices between $180,000 and $299,000. Recent trends in 78621 show home values have fallen 8.3% since 6 months ago. The most comparable recent sale is 204 E Brenham ST, Elgin TX 78621, with an adjusted value of $231,916; a strong comparable. 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