309 W 2nd ST, Elgin TX 78621

The market data from 7 similar recent sales in ELGIN CITY points to a value of approximately $241,926. To sell within a reasonable timeframe at fair market value, the $247,000 to $276,000 range is where I'd position this. In the current ELGIN CITY market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. The 1930 construction puts this home 35 years older than the comp average, a factor in the pricing. There are currently 7 similar homes on the market in ELGIN CITY, ranging from $224,999 to $299,000. In 78621, home values have fallen approximately 8.3% over the past 6 months. One of the strongest data points is 110 Lexington RD, Elgin TX 78621, adjusting to $276,147; a strong comparable. 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