118 W Point WAY, Elgin TX 78621

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $309,381. I'd recommend coming to market at $319,000 to $323,000 to strike the right balance between value and market velocity. In the current SARATOGA FARMS market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. Built in 2019, this home is 6 years older than the average comp, which is reflected in the adjustments. The 0.14 acre lot (larger than the 0.11 acre average) is reflected in the estimate. There are currently 7 similar homes on the market in SARATOGA FARMS, ranging from $314,990 to $350,000. The trend in 78621 shows prices have fallen 8.3% in the past 6 months. 136 Tolo DR, Elgin TX 78621 nearby adjusts to $315,070; a strong comparable. Based on 7 relevant data points in SARATOGA FARMS, 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