374 Old Lexington RD, Elgin TX 78621

The estimated value of this property is $380,707, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $425,000 and $448,000. Among the similar homes currently available in ENOCH HARRIS, this price point stands out as competitive. Built in 1963, this home is 12 years older than the average comp, which is reflected in the adjustments. The 3.46 acre lot (larger than the 3.36 acre average) is reflected in the estimate. Current inventory shows 3 comparable homes in ENOCH HARRIS; a buyer's market based on recent absorption. Recent trends in 78621 show home values have fallen 8.3% since 6 months ago. The most comparable recent sale is 198 Old Lexington RD, Elgin TX 78621, with an adjusted value of $415,436; with a larger floor plan. Based on 7 relevant data points in ENOCH HARRIS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX