813 Old Mcdade, Elgin TX 78621

The estimated value of this property is $254,578, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $188,000 and $198,000. In the current 78621 market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. Built in 1940, this home is 30 years older than the average comp, which is reflected in the adjustments. The 8.79 acre lot (larger than the 0.47 acre average) is reflected in the estimate. Buyers in 78621 have 7 comparable options right now, with asking prices between $215,000 and $299,000. Recent trends in 78621 show home values have fallen 5.5% since 6 months ago. The most comparable recent sale is 204 E Brenham ST, Elgin TX 78621, with an adjusted value of $240,132; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group