98 Louise ST, Elgin TX 78621

My analysis of 7 comparable properties puts this home's estimated value at $251,315. Based on how the local market is moving, a list price between $181,000 and $191,000 would position this home well. Relative to what's currently available in RED TOWN, this home would be the 2nd most expensive of 7 comparable homes on the market. At 10 years older than typical comps, the 1999 build date influences the valuation. The larger lot (0.18 acres versus the area average of 0.13) contributes to the valuation. Current inventory shows 7 comparable homes in RED TOWN; a buyer's market based on recent absorption. The 6 month price trend in 78621: fallen 8.3%. The best comp here is 307 Bendecido LOOP, Elgin TX 78621 at an adjusted value of $247,633, a strong comparable. The comp data here (7 sales in RED TOWN) 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