607 N Avenue F, Elgin TX 78621

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $221,793. To generate strong buyer interest while maximizing value, I'd price this between $221,000 and $222,000. Against 7 similar active listings in GARRETT, this price point lands at the 2nd most expensive of 7 comparable homes on the market. The 1958 construction puts this home 26 years older than the comp average, a factor in the pricing. At 0.13 acres, the lot is smaller than the 0.17 acre comp average, which factors into pricing. 7 similar homes are currently available in GARRETT, creating a buyer's market for this price range. The trend in 78621 shows prices have fallen 7.2% in the past 6 months. 413 E 7th ST, Elgin TX 78621 nearby adjusts to $238,581; 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