306 W 2nd ST, Elgin TX 78621

My analysis of 7 comparable properties puts this home's estimated value at $286,081. Based on how the local market is moving, a list price between $331,000 and $346,000 would position this home well. This would position the home competitively among 7 active listings in ELGIN CITY. This home's larger footprint (261 sqft vs the comp average) plays a role in how the market prices it. At 13 years older than typical comps, the 1938 build date influences the valuation. Current inventory shows 7 comparable homes in ELGIN CITY; a buyer's market based on recent absorption. The 6 month price trend in 78621: fallen 8.3%. The best comp here is 911 N Avenue C ST, Elgin TX 78621 at an adjusted value of $241,123, a strong comparable. The comp data here (7 sales in ELGIN CITY) 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