607 N Main ST, Elgin TX 78621

The estimated value of this property is $305,442, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $167,000 and $177,000. In the current W & market with 6 similar homes available, this price represents the most expensive of 6 comparable homes on the market. At 357 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 1979, this home is 28 years newer than the average comp, which is reflected in the adjustments. There are currently 6 similar homes on the market in W &, ranging from $180,000 to $249,900. Recent trends in 78621 show home values have fallen 8.3% since 6 months ago. The most comparable recent sale is 209 E 8th ST, Elgin TX 78621, with an adjusted value of $306,454; with a smaller floor plan. Based on 7 relevant data points in W &, 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