9217 Morin DR, Elgin TX 78621

The market data from 3 similar recent sales in 78621 points to a value of approximately $236,473. To sell within a reasonable timeframe at fair market value, the $248,000 to $305,000 range is where I'd position this. In the current 78621 market with 0 similar homes available, this price represents no active comparable homes on the market. The 1996 construction puts this home 6 years newer than the comp average, a factor in the pricing. At 1.51 acres, the lot is smaller than the 1.60 acre comp average, which factors into pricing. In 78621, home values have fallen approximately 8.3% over the past 6 months. One of the strongest data points is 8710 Lucinda DR, Elgin TX 78621, adjusting to $248,196; with a larger floor plan. 3 comparable transactions in 78621 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group