308 S Avenue A, Elgin TX 78621

Reviewing the most recent comparable transactions, this home's market value falls around $280,766. For a well positioned listing in ELGIN CITY, I'd target the $346,000 to $364,000 range. At this price, the property would be the most affordable of 7 comparable homes on the market comparable homes currently on the market in ELGIN CITY. The 412 sqft size difference versus comparable sales is reflected in the adjusted values. The 1935 construction puts this home 22 years older than the comp average, a factor in the pricing. 7 similar homes are currently available in ELGIN CITY, creating a buyer's market for this price range. Recent trends in 78621 show home values have fallen 8.3% since 6 months ago. The most comparable recent sale is 206 M L K DR # B, Elgin TX 78621, with an adjusted value of $130,671; with a larger floor plan. 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