905 N Avenue C, Elgin TX 78621

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $341,887. I'd recommend coming to market at $294,000 to $304,000 to strike the right balance between value and market velocity. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in W &. The larger floor plan (156 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1940, this home is 9 years newer than the average comp, which is reflected in the adjustments. 7 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. 911 N Avenue C ST, Elgin TX 78621 nearby adjusts to $254,132; 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