710 Lexington RD, Elgin TX 78621

Reviewing the most recent comparable transactions, this home's market value falls around $278,252. For a well positioned listing in DANNELLEY, I'd target the $224,000 to $234,000 range. In the current DANNELLEY market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. The 1977 construction puts this home 12 years newer than the comp average, a factor in the pricing. At 0.48 acres, the lot is smaller than the 0.68 acre comp average, which factors into pricing. The active market in DANNELLEY includes 7 comparable homes priced from $215,000 to $2,000,000. Recent trends in 78621 show home values have fallen 7.8% since 6 months ago. The most comparable recent sale is 101 Plum DR, Elgin TX 78621, with an adjusted value of $280,063; a strong comparable. 7 comparable transactions in DANNELLEY 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