422 Pleasant Grove RD, Elgin TX 78621

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $336,922. I'd recommend coming to market at $197,000 to $207,000 to strike the right balance between value and market velocity. With 2 comparable homes on the market in 78621, this price positions the property as the most expensive of 2 comparable homes on the market. The 545 sqft size difference versus comparable sales is reflected in the adjusted values. The 3.67 acre lot (larger than the 1.82 acre average) is reflected in the estimate. Right now, 2 similar properties are competing for buyers in 78621, listed between $201,000 and $338,500. The trend in 78621 shows prices have fallen 8.3% in the past 6 months. 206 M L K DR # B, Elgin TX 78621 nearby adjusts to $178,445; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group