429 S Ave C, Elgin TX 78621

Based on 7 closed sales in 78621, the data points to a value around $304,634 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $329,000 to $345,000. This would position the home competitively among 7 active listings in 78621. This home's larger footprint (122 sqft vs the comp average) plays a role in how the market prices it. Being built in 1940 (28 years older than comps) is factored into the value estimate. With 7 similar homes currently listed in 78621 (a buyer's market), competition is a factor to consider. Market data shows 78621 prices fallen 8.3% over the last half year. The closest comparable sale, 911 N Avenue C ST, Elgin TX 78621 at an adjusted $240,565, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78621. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group