805 N Main ST, Elgin TX 78621

The comparable sales data (3 recent transactions in W &) supports an estimated value of $298,538. The data suggests a list price between $237,000 and $247,000 would attract qualified buyers without leaving money on the table. This would position the home competitively among 7 active listings in W &. Being built in 1930 (8 years older than comps) is factored into the value estimate. Lot size matters here: 0.36 acres versus 0.30 for the typical comp. Current inventory shows 7 comparable homes in W &; a buyer's market based on recent absorption. Prices in 78621 have fallen 8.3% over the last 6 months. A similar home at 110 Lexington RD, Elgin TX 78621 carries an adjusted comparable value of $328,166, providing a strong data point. This estimate draws on 3 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus