606 E 8th ST, Elgin TX 78621

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $222,704. I'd recommend coming to market at $177,000 to $187,000 to strike the right balance between value and market velocity. Among the similar homes currently available in NORTH ACRES, this price point stands out as competitive. Built in 1960, this home is 50 years older than the average comp, which is reflected in the adjustments. The 0.31 acre lot (larger than the 0.19 acre average) is reflected in the estimate. There are currently 7 similar homes on the market in NORTH ACRES, ranging from $189,000 to $299,999. The trend in 78621 shows prices have fallen 8.3% in the past 6 months. 212 Valley Run TRL, Elgin TX 78621 nearby adjusts to $221,164; a strong comparable. Based on 7 relevant data points in NORTH ACRES, 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