549 Lower Elgin RD, Elgin TX 78621

Reviewing the most recent comparable transactions, this home's market value falls around $451,859. For a well positioned listing in LOWER ELGIN ROAD, I'd target the $354,000 to $364,000 range. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in LOWER ELGIN ROAD. This home's larger footprint (517 sqft vs the comp average) plays a role in how the market prices it. The 2023 construction puts this home 20 years newer than the comp average, a factor in the pricing. The active market in LOWER ELGIN ROAD includes 1 comparable homes priced from $345,000 to $345,000. Recent trends in 78621 show home values have fallen 8.3% since 6 months ago. The most comparable recent sale is 146 The Oaks BLVD, Elgin TX 78621, with an adjusted value of $750,029; with a larger floor plan and a pool. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group