160 Watersedge TER, Elgin TX 78621

Based on 7 closed sales in LAZY RIVER ACRES, the data points to a value around $519,598 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $504,000 to $535,000. This home's position in the current LAZY RIVER ACRES market: below the only comparable home currently on the market among comparable properties. The 280 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 1991 (7 years older than comps) is factored into the value estimate. There are currently 1 similar homes on the market in LAZY RIVER ACRES, ranging from $840,000 to $840,000. Market data shows 78621 prices fallen 8.3% over the last half year. The closest comparable sale, 148 Meadows DR, Elgin TX 78621 at an adjusted $435,153, is with a pool. The strength of this estimate comes from 7 directly comparable sales in LAZY RIVER ACRES. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group