305 E Brenham ST, Elgin TX 78621

Reviewing the most recent comparable transactions, this home's market value falls around $257,579. For a well positioned listing in ELGIN CITY, I'd target the $170,000 to $180,000 range. Against 7 similar active listings in ELGIN CITY, this price point lands at the most expensive of 7 comparable homes on the market. This home's smaller footprint (119 sqft vs the comp average) plays a role in how the market prices it. At 0.33 acres, the lot is smaller than the 0.62 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in ELGIN CITY, listed between $180,000 and $250,000. 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 $233,218; a strong comparable. 7 comparable transactions in ELGIN CITY 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