502 Stabeno ST, Elgin TX 78621

After reviewing 7 recent transactions in STABENO, I estimate this property's value at $221,186. A competitive list price for this home right now would fall in the $215,000 to $228,000 range. This home's position in the current STABENO market: the most affordable of 7 comparable homes on the market among comparable properties. At 43 years older than typical comps, the 1960 build date influences the valuation. The smaller lot (0.12 acres versus the area average of 0.18) contributes to the valuation. There are currently 7 similar homes on the market in STABENO, ranging from $236,905 to $299,000. Prices in 78621 have fallen 8.3% over the last 6 months. A similar home at 110 Lexington RD, Elgin TX 78621 carries an adjusted comparable value of $311,173, providing a strong data point. The comp data here (7 sales in STABENO) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus