312 Taylor RD, Elgin TX 78621

The market data from 7 similar recent sales in 78621 points to a value of approximately $281,359. To sell within a reasonable timeframe at fair market value, the $203,000 to $213,000 range is where I'd position this. With 3 comparable homes on the market in 78621, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. At 543 sqft larger than the typical comp, the size difference factors into the valuation. The 1954 construction puts this home 27 years older than the comp average, a factor in the pricing. Buyers in 78621 have 3 comparable options right now, with asking prices between $201,000 and $338,500. In 78621, home values have fallen approximately 8.3% over the past 6 months. One of the strongest data points is 206 M L K DR # B, Elgin TX 78621, adjusting to $160,627; a strong comparable. 7 comparable transactions in 78621 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