190 Lazy River LN # B, Elgin TX 78621

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $357,735. I'd recommend coming to market at $347,000 to $368,000 to strike the right balance between value and market velocity. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in LAZY RIVER ACRES. Being 578 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 3.00 acre lot (smaller than the 5.96 acre average) is reflected in the estimate. The active market in LAZY RIVER ACRES includes 1 comparable homes priced from $450,000 to $450,000. The trend in 78621 shows prices have fallen 8.3% in the past 6 months. 148 Meadows DR, Elgin TX 78621 nearby adjusts to $324,288; with a larger floor plan and a pool. Based on 7 relevant data points in LAZY RIVER ACRES, 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