415 MLK, Elgin TX 78621

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $392,113. I'd recommend coming to market at $384,000 to $400,000 to strike the right balance between value and market velocity. In the current SMITH market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. The 431 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 2001, this home is 16 years newer than the average comp, which is reflected in the adjustments. Based on 7 relevant data points in 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