404 W Cleveland ST, Elgin TX 78621

After reviewing 7 recent transactions in MARTINEZ, I estimate this property's value at $271,388. A competitive list price for this home right now would fall in the $263,000 to $280,000 range. This home's position in the current MARTINEZ market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. At 22 years older than typical comps, the 2003 build date influences the valuation. The larger lot (0.17 acres versus the area average of 0.11) contributes to the valuation. With 7 similar homes currently listed in MARTINEZ (a buyer's market), competition is a factor to consider. Prices in 78621 have fallen 4.3% over the last 6 months. A similar home at 305 Bendecido LOOP, Elgin TX 78621 carries an adjusted comparable value of $259,728, providing a strong data point. With 7 comparable sales in MARTINEZ, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group