123 W Point WAY, Elgin TX 78621

Reviewing the most recent comparable transactions, this home's market value falls around $309,555. For a well positioned listing in SARATOGA FARMS SUB SEC, I'd target the $300,000 to $319,000 range. Among the similar homes currently available in SARATOGA FARMS SUB SEC, this price point stands out as competitive. At 0.17 acres, the lot is larger than the 0.12 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in SARATOGA FARMS SUB SEC; a buyer's market based on recent absorption. Recent trends in 78621 show home values have fallen 8.3% since 6 months ago. The most comparable recent sale is 116 Four Star DR, Elgin TX 78621, with an adjusted value of $334,342; 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