362 Pleasant Grove RD, Elgin TX 78621

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $349,064. To generate strong buyer interest while maximizing value, I'd price this between $207,000 and $217,000. Against 3 similar active listings in 78621, this price point lands at the most expensive of 3 comparable homes on the market. At 655 sqft larger than the typical comp, the size difference factors into the valuation. The 1982 construction puts this home 5 years newer than the comp average, a factor in the pricing. With 3 similar homes currently listed in 78621 (a buyer's market), competition is a factor to consider. The trend in 78621 shows prices have fallen 8.1% in the past 6 months. 206 M L K DR # B, Elgin TX 78621 nearby adjusts to $185,437; 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