511 E Alamo ST, Elgin TX 78621

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $288,372. I'd recommend coming to market at $139,000 to $149,000 to strike the right balance between value and market velocity. In the current C C SMITH market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. Being 571 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 1960, this home is 16 years newer than the average comp, which is reflected in the adjustments. 3 similar homes are currently available in C C SMITH, creating a buyer's market for this price range. The trend in 78621 shows prices have fallen 8.3% in the past 6 months. 204 N Avenue B, Elgin TX 78621 nearby adjusts to $228,503; with a smaller floor plan. 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