3093 Fm 1704, Elgin TX 78621

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $383,064. I'd recommend coming to market at $401,000 to $415,000 to strike the right balance between value and market velocity. Against 0 similar active listings in TOWERING OAKS ESTATES, this price point lands at no active comparable homes on the market. At 132 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 1987, this home is 6 years older than the average comp, which is reflected in the adjustments. The trend in 78621 shows prices have fallen 8.3% in the past 6 months. 142 Moore LN, Elgin TX 78621 nearby adjusts to $377,465; with a larger floor plan. Based on 7 relevant data points in TOWERING OAKS ESTATES, 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