768 Upper Elgin River RD, Elgin TX 78621

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $399,704. To generate strong buyer interest while maximizing value, I'd price this between $241,000 and $251,000. In the current STANDIFER, JAMES market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. This home's larger footprint (237 sqft vs the comp average) plays a role in how the market prices it. The 1996 construction puts this home 11 years older than the comp average, a factor in the pricing. Buyers in STANDIFER, JAMES have 7 comparable options right now, with asking prices between $242,500 and $665,500. The trend in 78621 shows prices have fallen 8.3% in the past 6 months. 371 Youngs Prairie RD, Elgin TX 78621 nearby adjusts to $595,728; with a smaller floor plan. 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