809 Central Ave, Elgin TX 78621

The market data from 7 similar recent sales in DILDY points to a value of approximately $291,581. To sell within a reasonable timeframe at fair market value, the $286,000 to $295,000 range is where I'd position this. Against 7 similar active listings in DILDY, this price point lands at the 2nd most expensive of 7 comparable homes on the market. The 1975 construction puts this home 23 years older than the comp average, a factor in the pricing. At 0.49 acres, the lot is larger than the 0.36 acre comp average, which factors into pricing. With 7 similar homes currently listed in DILDY (a buyer's market), competition is a factor to consider. In 78621, home values have fallen approximately 8% over the past 6 months. One of the strongest data points is 118 Anderson DR, Elgin TX 78621, adjusting to $339,391; a strong comparable. 7 comparable transactions in DILDY 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