517 N Avenue H, Elgin TX 78621

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $304,861. To generate strong buyer interest while maximizing value, I'd price this between $255,000 and $265,000. Among the similar homes currently available in 78621, this price point stands out as competitive. The 1965 construction puts this home 14 years older than the comp average, a factor in the pricing. At 0.44 acres, the lot is larger than the 0.28 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in 78621; a buyer's market based on recent absorption. The trend in 78621 shows prices have fallen 8.3% in the past 6 months. 118 Anderson DR, Elgin TX 78621 nearby adjusts to $323,179; a strong comparable. 7 comparable transactions in 78621 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