307 Taylor RD, Elgin TX 78621

The market data from 7 similar recent sales in 78621 points to a value of approximately $337,317. To sell within a reasonable timeframe at fair market value, the $348,000 to $368,000 range is where I'd position this. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in 78621. The 198 sqft size difference versus comparable sales is reflected in the adjusted values. The 1931 construction puts this home 62 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in 78621; a buyer's market based on recent absorption. In 78621, home values have fallen approximately 7.8% over the past 6 months. One of the strongest data points is 911 N Avenue C ST, Elgin TX 78621, adjusting to $289,376; with a smaller floor plan. 7 comparable transactions in 78621 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