429 S Avenue C, Elgin TX 78621

The market data from 7 similar recent sales in MAXIMUS points to a value of approximately $299,796. To sell within a reasonable timeframe at fair market value, the $255,000 to $265,000 range is where I'd position this. With 7 comparable homes on the market in MAXIMUS, this price positions the property as the most expensive of 7 comparable homes on the market. At 117 sqft larger than the typical comp, the size difference factors into the valuation. The 1940 construction puts this home 29 years older than the comp average, a factor in the pricing. Buyers in MAXIMUS have 7 comparable options right now, with asking prices between $259,999 and $311,450. In 78621, home values have fallen approximately 5.9% over the past 6 months. One of the strongest data points is 911 N Avenue C ST, Elgin TX 78621, adjusting to $240,550; a strong comparable. 7 comparable transactions in MAXIMUS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group