486 Old Lexington RD, Elgin TX 78621

The estimated value of this property is $480,820, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $550,000 and $552,000. With 0 comparable homes on the market in 78621, this price positions the property as no active comparable homes on the market. The 242 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 2015, this home is 38 years newer than the average comp, which is reflected in the adjustments. Recent trends in 78621 show home values have fallen 8.3% since 6 months ago. The most comparable recent sale is 121 Grassy LN, Elgin TX 78621, with an adjusted value of $552,490; 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