901 N Main ST, Elgin TX 78621

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $294,673. I'd recommend coming to market at $305,000 to $326,000 to strike the right balance between value and market velocity. In the current W & market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. Built in 1941, this home is 47 years older than the average comp, which is reflected in the adjustments. The 0.44 acre lot (larger than the 0.19 acre average) is reflected in the estimate. 3 similar homes are currently available in W &, creating a buyer's market for this price range. The trend in 78621 shows prices have fallen 8.3% in the past 6 months. 907 N Avenue C, Elgin TX 78621 nearby adjusts to $374,210; a strong comparable. Based on 7 relevant data points in W &, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX