308 S Avenue C, Elgin TX 78621

The estimated value of this property is $375,597, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $372,000 and $397,000. Against 7 similar active listings in 78621, this price point lands at the most expensive of 7 comparable homes on the market. At 341 sqft larger than the typical comp, the size difference factors into the valuation. Built in 1945, this home is 41 years older than the average comp, which is reflected in the adjustments. 7 similar homes are currently available in 78621, 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 220 Bendecido LOOP, Elgin TX 78621, with an adjusted value of $325,849; with a smaller floor plan. Based on 7 relevant data points in 78621, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX