8223 Sigrid DR, Elgin TX 78621

The estimated value of this property is $440,069, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $427,000 and $453,000. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in 78621. The larger floor plan (286 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1998, this home is 5 years older than the average comp, which is reflected in the adjustments. The active market in 78621 includes 1 comparable homes priced from $665,500 to $665,500. Recent trends in 78621 show home values have fallen 8.3% since 6 months ago. The most comparable recent sale is 2874 Fm 1704, Elgin TX 78621, with an adjusted value of $498,964; a strong comparable. 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