701 N Avenue H, Elgin TX 78621

Reviewing the most recent comparable transactions, this home's market value falls around $369,882. For a well positioned listing in GARRETT, I'd target the $367,000 to $426,000 range. Against 3 similar active listings in GARRETT, this price point lands at the most expensive of 3 comparable homes on the market. The 445 sqft size difference versus comparable sales is reflected in the adjusted values. The 1925 construction puts this home 87 years older than the comp average, a factor in the pricing. 3 similar homes are currently available in GARRETT, creating a buyer's market for this price range. Recent trends in 78621 show home values have fallen 7.8% since 6 months ago. The most comparable recent sale is 110 Vicksburg LOOP, Elgin TX 78621, with an adjusted value of $275,285; with a pool. 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