571 Balch RD, Elgin TX 78621

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $392,430. To generate strong buyer interest while maximizing value, I'd price this between $407,000 and $484,000. With 2 comparable homes on the market in OSBORN, MRS, this price positions the property as the most expensive of 2 comparable homes on the market. Being 212 sqft larger than the average comparable sale in this area impacts the per square foot value. At 5.00 acres, the lot is larger than the 3.59 acre comp average, which factors into pricing. Right now, 2 similar properties are competing for buyers in OSBORN, MRS, listed between $399,000 and $665,500. The trend in 78621 shows prices have fallen 8.1% in the past 6 months. 2245 Fm 969, Elgin TX 78621 nearby adjusts to $484,284; a strong comparable. 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