411 Lexington RD, Elgin TX 78621

The estimated value of this property is $342,048, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $332,000 and $352,000. In the current NORTH TERRACE market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. Being 156 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 1951, this home is 40 years older than the average comp, which is reflected in the adjustments. 7 similar homes are currently available in NORTH TERRACE, creating a buyer's market for this price range. Recent trends in 78621 show home values have fallen 8.3% since 6 months ago. The most comparable recent sale is 108 Bill ST, Elgin TX 78621, with an adjusted value of $324,503; a strong comparable. Based on 7 relevant data points in NORTH TERRACE, 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