305 Lexington RD, Elgin TX 78621

After reviewing 7 recent transactions in FREDRICKSON, I estimate this property's value at $215,114. A competitive list price for this home right now would fall in the $147,000 to $157,000 range. This pricing would rank the home as the 3rd least expensive of 7 comparable homes on the market in FREDRICKSON's current inventory. The smaller floor plan (674 sqft compared to the average comp) is a meaningful differentiator in this price range. At 72 years older than typical comps, the 1910 build date influences the valuation. 7 similar homes are currently available in FREDRICKSON, creating a buyer's market for this price range. Prices in 78621 have fallen 11% over the last 6 months. A similar home at 106 Cavalry TRL, Elgin TX 78621 carries an adjusted comparable value of $222,042, providing a strong data point. The comp data here (7 sales in FREDRICKSON) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus