411 E 7th ST, Elgin TX 78621

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $191,826. I'd recommend coming to market at $126,000 to $136,000 to strike the right balance between value and market velocity. Against 2 similar active listings in GARRETT, this price point lands at the most expensive of 2 comparable homes on the market. The 300 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1955, this home is 7 years newer than the average comp, which is reflected in the adjustments. There are currently 2 similar homes on the market in GARRETT, ranging from $135,000 to $230,000. The trend in 78621 shows prices have fallen 8.3% in the past 6 months. 413 E 7th ST, Elgin TX 78621 nearby adjusts to $195,491; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group