424 W Alamo ST, Elgin TX 78621

My analysis of 7 comparable properties puts this home's estimated value at $257,468. Based on how the local market is moving, a list price between $250,000 and $279,000 would position this home well. This pricing would rank the home as the 2nd most expensive of 7 comparable homes on the market in ELGIN CITY's current inventory. At 27 years older than typical comps, the 1945 build date influences the valuation. The smaller lot (0.21 acres versus the area average of 1.69) contributes to the valuation. Buyers in ELGIN CITY have 7 comparable options right now, with asking prices between $224,999 and $299,000. The 6 month price trend in 78621: fallen 8.3%. The best comp here is 110 Lexington RD, Elgin TX 78621 at an adjusted value of $302,982, a strong comparable. With 7 comparable sales in ELGIN CITY, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group