401 Christensen RD, Elgin TX 78621

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $311,499. I'd recommend coming to market at $231,000 to $241,000 to strike the right balance between value and market velocity. Against 3 similar active listings in 78621, this price point lands at the most expensive of 3 comparable homes on the market. At 157 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 1996, this home is 5 years older than the average comp, which is reflected in the adjustments. Buyers in 78621 have 3 comparable options right now, with asking prices between $230,000 and $369,000. The trend in 78621 shows prices have fallen 8.3% in the past 6 months. 182 Wayside CT, Elgin TX 78621 nearby adjusts to $336,090; a strong comparable. Based on 7 relevant data points in 78621, 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