TBD Highway 290 E Hwy Highway, Elgin TX 78621

The estimated value of this property is $234,115, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $125,000 and $135,000. With 2 comparable homes on the market in GARRETSON, THOMAS, this price positions the property as the most expensive of 2 comparable homes on the market. At 263 sqft smaller than the typical comp, the size difference factors into the valuation. The 3.11 acre lot (larger than the 0.23 acre average) is reflected in the estimate. The active market in GARRETSON, THOMAS includes 2 comparable homes priced from $135,000 to $230,000. Recent trends in 78621 show home values have fallen 8.5% since 6 months ago. The most comparable recent sale is 204 N Avenue B, Elgin TX 78621, with an adjusted value of $207,370; a strong comparable. Based on 7 relevant data points in GARRETSON, THOMAS, 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