RED TOWN RD, Elgin TX 78621

My analysis of 7 comparable properties puts this home's estimated value at $368,473. Based on how the local market is moving, a list price between $463,000 and $601,000 would position this home well. This would position the home competitively among 4 active listings in 78621. At 15 years newer than typical comps, the 2007 build date influences the valuation. The larger lot (4.74 acres versus the area average of 1.63) contributes to the valuation. 4 similar homes are currently available in 78621, creating a buyer's market for this price range. The 6 month price trend in 78621: fallen 8.3%. The best comp here is TBD FM 3000 Tract 9, Elgin TX 78621 at an adjusted value of $651,263, with a larger floor plan. 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