832 E 2nd ST, Elgin TX 78621

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $216,850. Pricing this home between $134,000 and $144,000 would put it in the competitive sweet spot for 78621. This pricing would rank the home as the 2nd most expensive of 3 comparable homes on the market in 78621's current inventory. At 264 sqft smaller than the typical comp, the size difference factors into the valuation. At 17 years older than typical comps, the 1940 build date influences the valuation. There are currently 3 similar homes on the market in 78621, ranging from $135,000 to $250,000. Market data shows 78621 prices fallen 8.3% over the last half year. The closest comparable sale, 121 Jackson ST, Elgin TX 78621 at an adjusted $184,032, is a strong comparable. The comp data here (7 sales in 78621) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus