126 Saranac DR, Elgin TX 78621

The market data from 7 similar recent sales in SARATOGA FARMS points to a value of approximately $318,889. To sell within a reasonable timeframe at fair market value, the $260,000 to $270,000 range is where I'd position this. In the current SARATOGA FARMS market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. The 2020 construction puts this home 5 years older than the comp average, a factor in the pricing. At 0.40 acres, the lot is larger than the 0.11 acre comp average, which factors into pricing. The active market in SARATOGA FARMS includes 7 comparable homes priced from $253,990 to $315,000. In 78621, home values have fallen approximately 8.1% over the past 6 months. One of the strongest data points is 131 Tolo DR, Elgin TX 78621, adjusting to $305,614; a strong comparable. 7 comparable transactions in SARATOGA FARMS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group