314 Roemer RD, Elgin TX 78621

Based on 7 closed sales in 78621, the data points to a value around $289,207 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $306,000 to $332,000. Buyers shopping in 78621 right now would see this as a well positioned option among 3 comparable homes. The 269 sqft size difference versus comparable sales is reflected in the adjusted values. Lot size matters here: 10.83 acres versus 0.35 for the typical comp. 3 similar homes are currently available in 78621, creating a buyer's market for this price range. Market data shows 78621 prices fallen 8.3% over the last half year. The closest comparable sale, 14401 Tawny Eagles CT, Elgin TX 78621 at an adjusted $258,181, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78621. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group