503 E 2nd ST, Elgin TX 78621

My analysis of 7 comparable properties puts this home's estimated value at $363,719. Based on how the local market is moving, a list price between $185,000 and $195,000 would position this home well. Relative to what's currently available in SHAHOLLI ESTATE, this home would be the 2nd most expensive of 6 comparable homes on the market. At 255 sqft larger than the typical comp, the size difference factors into the valuation. At 39 years newer than typical comps, the 2022 build date influences the valuation. There are currently 6 similar homes on the market in SHAHOLLI ESTATE, ranging from $201,000 to $799,000. The 6 month price trend in 78621: fallen 8.3%. The best comp here is 206 M L K DR # B, Elgin TX 78621 at an adjusted value of $172,695, with a larger floor plan. With 7 comparable sales in SHAHOLLI ESTATE, 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