409 M L K DR, Elgin TX 78621

The comparable sales data (7 recent transactions in CITY OF ELGIN) supports an estimated value of $214,941. The data suggests a list price between $160,000 and $170,000 would attract qualified buyers without leaving money on the table. Buyers shopping in CITY OF ELGIN right now would see this as a well positioned option among 7 comparable homes. At 149 sqft smaller than the typical comp, the size difference factors into the valuation. Being built in 1940 (12 years older than comps) is factored into the value estimate. There are currently 7 similar homes on the market in CITY OF ELGIN, ranging from $180,000 to $249,900. Prices in 78621 have fallen 8.3% over the last 6 months. A similar home at 121 Jackson ST, Elgin TX 78621 carries an adjusted comparable value of $178,528, providing a strong data point. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus