412 S AVENUE D, Elgin TX 78621

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $194,054. I'd recommend coming to market at $198,000 to $204,000 to strike the right balance between value and market velocity. Against 0 similar active listings in J S SMITH, this price point lands at no active comparable homes on the market. This home's smaller footprint (475 sqft vs the comp average) plays a role in how the market prices it. Built in 1940, this home is 12 years older than the average comp, which is reflected in the adjustments. The trend in 78621 shows prices have fallen 7.8% in the past 6 months. 121 Jackson ST, Elgin TX 78621 nearby adjusts to $149,359; with a larger floor plan. Based on 7 relevant data points in J S SMITH, 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