801 N Avenue C, Elgin TX 78621

Reviewing the most recent comparable transactions, this home's market value falls around $239,718. For a well positioned listing in WADE & OWEN, I'd target the $271,000 to $280,000 range. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in WADE & OWEN. The 1950 construction puts this home 28 years older than the comp average, a factor in the pricing. At 0.17 acres, the lot is smaller than the 0.89 acre comp average, which factors into pricing. Buyers in WADE & OWEN have 7 comparable options right now, with asking prices between $224,999 and $299,999. Recent trends in 78621 show home values have fallen 8.3% since 6 months ago. The most comparable recent sale is 110 Lexington RD, Elgin TX 78621, with an adjusted value of $298,956; a strong comparable. 7 comparable transactions in WADE & OWEN 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