815 M L K DR, Elgin TX 78621

My analysis of 7 comparable properties puts this home's estimated value at $287,049. Based on how the local market is moving, a list price between $219,000 and $229,000 would position this home well. This would position the home competitively among 5 active listings in GARRETSON, THOMAS. The smaller lot (0.60 acres versus the area average of 0.70) contributes to the valuation. There are currently 5 similar homes on the market in GARRETSON, THOMAS, ranging from $215,000 to $265,000. The 6 month price trend in 78621: fallen 8.3%. The best comp here is 151 Ella LN, Elgin TX 78621 at an adjusted value of $270,659, with a larger floor plan. With 7 comparable sales in GARRETSON, THOMAS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group