186 Meadows DR, Elgin TX 78621

Based on 7 closed sales in LAZY RIVER ACRES, the data points to a value around $363,072 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $352,000 to $374,000. Relative to what's currently available in LAZY RIVER ACRES, this home would be below the only comparable home currently on the market. At 230 sqft smaller than the typical comp, the size difference factors into the valuation. Being built in 1960 (40 years older than comps) is factored into the value estimate. Current inventory shows 1 comparable homes in LAZY RIVER ACRES; a buyer's market based on recent absorption. 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 $331,498, is with a larger floor plan and a pool. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus