320 M L K DR, Elgin TX 78621

Taking into account 7 nearby comparable sales, this property's estimated value comes to $334,902. If we were to list this property today, I'd recommend a list price in the $281,000 to $291,000 range. This home's position in the current 78621 market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. At 166 sqft larger than the typical comp, the size difference factors into the valuation. Being built in 1985 (9 years newer than comps) is factored into the value estimate. There are currently 7 similar homes on the market in 78621, ranging from $249,900 to $799,000. The 6 month price trend in 78621: fallen 8.3%. The best comp here is 182 Wayside CT, Elgin TX 78621 at an adjusted value of $348,394, with a smaller floor plan. 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