826 Lexington RD, Elgin TX 78621

Taking into account 7 nearby comparable sales, this property's estimated value comes to $306,357. If we were to list this property today, I'd recommend a list price in the $198,000 to $208,000 range. This would position the home competitively among 4 active listings in 78621. Being 516 sqft larger than the average comparable sale in this area impacts the per square foot value. Being built in 1979 (5 years older than comps) is factored into the value estimate. With 4 similar homes currently listed in 78621 (a buyer's market), competition is a factor to consider. The 6 month price trend in 78621: fallen 8.3%. The best comp here is 206 M L K DR # B, Elgin TX 78621 at an adjusted value of $175,993, a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78621. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group