555 Pleasant Grove LOOP, Elgin TX 78621

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $499,745. To generate strong buyer interest while maximizing value, I'd price this between $526,000 and $613,000. Against 2 similar active listings in HARRIS, ENOCH, this price point lands at the most affordable of 2 comparable homes on the market. The 2006 construction puts this home 6 years newer than the comp average, a factor in the pricing. At 19.17 acres, the lot is larger than the 1.76 acre comp average, which factors into pricing. With 2 similar homes currently listed in HARRIS, ENOCH (a buyer's market), competition is a factor to consider. The trend in 78621 shows prices have fallen 8.3% in the past 6 months. TBD FM 3000 Tract 9, Elgin TX 78621 nearby adjusts to $768,451; a strong comparable. 7 comparable transactions in HARRIS, ENOCH 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