603 N Avenue C, Elgin TX 78621

Reviewing the most recent comparable transactions, this home's market value falls around $357,079. For a well positioned listing in W &, I'd target the $299,000 to $309,000 range. Against 7 similar active listings in W &, this price point lands at the most expensive of 7 comparable homes on the market. At 139 sqft larger than the typical comp, the size difference factors into the valuation. The 1950 construction puts this home 20 years older than the comp average, a factor in the pricing. Right now, 7 similar properties are competing for buyers in W &, listed between $299,999 and $459,999. Recent trends in 78621 show home values have fallen 8.3% since 6 months ago. The most comparable recent sale is 110 Lexington RD, Elgin TX 78621, with an adjusted value of $384,810; with a smaller floor plan. 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