611 E 9th ST, Elgin TX 78621

The market data from 7 similar recent sales in NORTH ACRES points to a value of approximately $209,203. To sell within a reasonable timeframe at fair market value, the $161,000 to $171,000 range is where I'd position this. In the current NORTH ACRES market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. The 395 sqft size difference versus comparable sales is reflected in the adjusted values. The 1967 construction puts this home 10 years older than the comp average, a factor in the pricing. The active market in NORTH ACRES includes 7 comparable homes priced from $180,000 to $250,000. In 78621, home values have fallen approximately 8.3% over the past 6 months. One of the strongest data points is 517 N Avenue F, Elgin TX 78621, adjusting to $213,827; a strong comparable. 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