200 Insider LOOP, Elgin TX 78621

The market data from 4 similar recent sales in SARATOGA FARMS points to a value of approximately $348,110. To sell within a reasonable timeframe at fair market value, the $293,000 to $303,000 range is where I'd position this. Among the similar homes currently available in SARATOGA FARMS, this price point stands out as competitive. The 2020 construction puts this home 5 years older than the comp average, a factor in the pricing. At 0.25 acres, the lot is larger than the 0.14 acre comp average, which factors into pricing. Current inventory shows 5 comparable homes in SARATOGA FARMS; a buyer's market based on recent absorption. In 78621, home values have fallen approximately 8.4% over the past 6 months. One of the strongest data points is 200 Hidalgo LN, Elgin TX 78621, adjusting to $341,687; a strong comparable. 4 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