604 Taylor RD, Elgin TX 78621

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $223,436. To generate strong buyer interest while maximizing value, I'd price this between $217,000 and $230,000. With 7 comparable homes on the market in MOGONYE, this price positions the property as the most affordable of 7 comparable homes on the market. The 1972 construction puts this home 7 years older than the comp average, a factor in the pricing. At 0.37 acres, the lot is larger than the 0.25 acre comp average, which factors into pricing. The active market in MOGONYE includes 7 comparable homes priced from $240,000 to $339,742. The trend in 78621 shows prices have fallen 10.5% in the past 6 months. 324 McClendon DR, Elgin TX 78621 nearby adjusts to $176,098; with a smaller floor plan. The 3 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