106 Cates CV, Elgin TX 78621

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $257,020. To generate strong buyer interest while maximizing value, I'd price this between $276,000 and $277,000. Against 7 similar active listings in SARATOGA FARMS, this price point lands at the 2nd least expensive of 7 comparable homes on the market. The 2019 construction puts this home 5 years older than the comp average, a factor in the pricing. At 0.15 acres, the lot is larger than the 0.12 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in SARATOGA FARMS; a buyer's market based on recent absorption. The trend in 78621 shows prices have fallen 8.3% in the past 6 months. 116 Saranac DR, Elgin TX 78621 nearby adjusts to $276,775; 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