602 Old Mcdade RD, Elgin TX 78621

7 recent sales in the surrounding area of this address suggest a current value of $278,137. My recommended list price range for this property would be $187,000 to $197,000. At this price, the property would be the 3rd least expensive of 6 comparable homes on the market comparable homes currently on the market in THOMAS CHRISTIAN. Being 480 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 1940, this home is 36 years older than the average comp, which is reflected in the adjustments. With 6 similar homes currently listed in THOMAS CHRISTIAN (a buyer's market), competition is a factor to consider. In 78621, home values have fallen approximately 7.1% over the past 6 months. One of the strongest data points is 194 Elgin Woods LN, Elgin TX 78621, adjusting to $458,516; with a smaller floor plan. Based on 7 relevant data points in THOMAS CHRISTIAN, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX