615 S Main ST, Elgin TX 78621

The estimated value of this property is $331,638, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $322,000 and $342,000. With 7 comparable homes on the market in SMITH, J, this price positions the property as the most affordable of 7 comparable homes on the market. Built in 1912, this home is 75 years older than the average comp, which is reflected in the adjustments. The 0.62 acre lot (smaller than the 0.90 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in SMITH, J; a buyer's market based on recent absorption. Recent trends in 78621 show home values have fallen 7.9% since 6 months ago. The most comparable recent sale is 109 Taylor RD, Elgin TX 78621, with an adjusted value of $380,988; with a larger floor plan. Based on 7 relevant data points in SMITH, J, 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