324 Mcclendon DR, Elgin TX 78621

Reviewing the most recent comparable transactions, this home's market value falls around $226,620. For a well positioned listing in ELGIN MEADOWS, I'd target the $188,000 to $198,000 range. Among the similar homes currently available in ELGIN MEADOWS, this price point stands out as competitive. The 1977 construction puts this home 25 years older than the comp average, a factor in the pricing. At 0.26 acres, the lot is larger than the 0.22 acre comp average, which factors into pricing. Right now, 3 similar properties are competing for buyers in ELGIN MEADOWS, listed between $189,000 and $265,000. Recent trends in 78621 show home values have fallen 8.3% since 6 months ago. The most comparable recent sale is 324 McClendon DR, Elgin TX 78621, with an adjusted value of $160,000; a strong comparable. 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