306 China CV, Elgin TX 78621

The market data from 7 similar recent sales in HILLSIDE points to a value of approximately $315,566. To sell within a reasonable timeframe at fair market value, the $217,000 to $227,000 range is where I'd position this. In the current HILLSIDE market with 6 similar homes available, this price represents the most expensive of 6 comparable homes on the market. This home's smaller footprint (121 sqft vs the comp average) plays a role in how the market prices it. The 1997 construction puts this home 23 years newer than the comp average, a factor in the pricing. 6 similar homes are currently available in HILLSIDE, creating a buyer's market for this price range. In 78621, home values have fallen approximately 8.3% over the past 6 months. One of the strongest data points is 101 Plum DR, Elgin TX 78621, adjusting to $274,629; with a larger floor plan. 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