104 Jim Dandy DR, Elgin TX 78621

The market data from 7 similar recent sales in SARATOGA FARMS points to a value of approximately $246,074. To sell within a reasonable timeframe at fair market value, the $277,000 to $290,000 range is where I'd position this. With 4 comparable homes on the market in SARATOGA FARMS, this price positions the property as the most affordable of 4 comparable homes on the market. The 2016 construction puts this home 5 years older than the comp average, a factor in the pricing. At 0.17 acres, the lot is larger than the 0.12 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in SARATOGA FARMS; a buyer's market based on recent absorption. In 78621, home values have fallen approximately 9.7% over the past 6 months. One of the strongest data points is 116 Saranac DR, Elgin TX 78621, adjusting to $270,815; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group