640 CR 474, Elgin TX 78621

Taking into account 5 nearby comparable sales, this property's estimated value comes to $423,747. If we were to list this property today, I'd recommend a list price in the $411,000 to $436,000 range. Relative to what's currently available in 78621, this home would be the most affordable of 3 comparable homes on the market. Being built in 1995 (8 years older than comps) is factored into the value estimate. Lot size matters here: 5.00 acres versus 6.92 for the typical comp. With 3 similar homes currently listed in 78621 (a buyer's market), competition is a factor to consider. The 6 month price trend in 78621: fallen 3.3%. The best comp here is 1100 County Road 474, Elgin TX 78621 at an adjusted value of $153,301, with a smaller floor plan. This estimate draws on 5 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus