418 Old Mcdade RD, Elgin TX 78621

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $255,693. Pricing this home between $162,000 and $172,000 would put it in the competitive sweet spot for 78621. This would position the home competitively among 7 active listings in 78621. The smaller floor plan (227 sqft compared to the average comp) is a meaningful differentiator in this price range. At 23 years newer than typical comps, the 1987 build date influences the valuation. 7 similar homes are currently available in 78621, creating a buyer's market for this price range. Market data shows 78621 prices fallen 8.3% over the last half year. The closest comparable sale, 121 Jackson ST, Elgin TX 78621 at an adjusted $215,240, is a strong comparable. The comp data here (7 sales in 78621) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus