308 S Main ST, Elgin TX 78621

Reviewing the most recent comparable transactions, this home's market value falls around $287,251. For a well positioned listing in ELGIN CITY, I'd target the $337,000 to $339,000 range. Among the similar homes currently available in ELGIN CITY, this price point stands out as competitive. The 1930 construction puts this home 48 years older than the comp average, a factor in the pricing. At 0.25 acres, the lot is larger than the 0.19 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in ELGIN CITY; a buyer's market based on recent absorption. Recent trends in 78621 show home values have fallen 7.9% since 6 months ago. The most comparable recent sale is 911 N Avenue C ST, Elgin TX 78621, with an adjusted value of $228,193; a strong comparable. 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