315 Gruetzner LN, Elgin TX 78621

The market data from 7 similar recent sales in 78621 points to a value of approximately $398,522. To sell within a reasonable timeframe at fair market value, the $295,000 to $305,000 range is where I'd position this. In the current 78621 market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. The pool is a differentiator here, since 6 of 7 comparable sales didn't include one. The 2003 construction puts this home 8 years older than the comp average, a factor in the pricing. 7 similar homes are currently available in 78621, creating a buyer's market for this price range. In 78621, home values have fallen approximately 8.3% over the past 6 months. One of the strongest data points is 217 La Selva DR, Elgin TX 78621, adjusting to $332,504; with no pool. 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