414 S Avenue A, Elgin TX 78621

The market data from 7 similar recent sales in SMITH, J points to a value of approximately $257,778. To sell within a reasonable timeframe at fair market value, the $123,000 to $133,000 range is where I'd position this. Among the similar homes currently available in SMITH, J, this price point stands out as competitive. This home's smaller footprint (1,104 sqft vs the comp average) plays a role in how the market prices it. The 1962 construction puts this home 15 years newer than the comp average, a factor in the pricing. With 1 similar homes currently listed in SMITH, J (a buyer's market), competition is a factor to consider. In 78621, home values have fallen approximately 8.3% over the past 6 months. One of the strongest data points is 204 N Avenue B, Elgin TX 78621, adjusting to $215,585; a strong comparable. 7 comparable transactions in SMITH, J support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group