611 N Avenue H, Elgin TX 78621

Based on 7 closed sales in GARRETT, the data points to a value around $285,807 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $290,000 to $316,000. This pricing would rank the home as the 3rd most expensive of 7 comparable homes on the market in GARRETT's current inventory. Being built in 1940 (48 years older than comps) is factored into the value estimate. Lot size matters here: 0.67 acres versus 0.18 for the typical comp. Buyers in GARRETT have 7 comparable options right now, with asking prices between $245,000 and $379,905. Market data shows 78621 prices fallen 9% over the last half year. The closest comparable sale, 907 N Avenue C, Elgin TX 78621 at an adjusted $373,663, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in GARRETT. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group