705 Lavaca LOOP, Elgin TX 78621

Reviewing the most recent comparable transactions, this home's market value falls around $247,675. For a well positioned listing in COUNTY LINE, I'd target the $276,000 to $300,000 range. In the current COUNTY LINE market with 3 similar homes available, this price represents the most affordable of 3 comparable homes on the market. This home's smaller footprint (105 sqft vs the comp average) plays a role in how the market prices it. At 0.00 acres, the lot is smaller than the 0.18 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in COUNTY LINE; a buyer's market based on recent absorption. Recent trends in 78621 show home values have fallen 8.3% since 6 months ago. The most comparable recent sale is 108 Bexar Forest CV, Elgin TX 78621, with an adjusted value of $233,003; with a larger floor plan. 3 comparable transactions in COUNTY LINE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group