202 Lake Placid RUN, Elgin TX 78621

Reviewing the most recent comparable transactions, this home's market value falls around $272,628. For a well positioned listing in SARATOGA FARMS SUB SEC, I'd target the $264,000 to $281,000 range. In the current SARATOGA FARMS SUB SEC market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. The pool is a differentiator here, since 7 of 7 comparable sales didn't include one. The 2018 construction puts this home 7 years older than the comp average, a factor in the pricing. There are currently 7 similar homes on the market in SARATOGA FARMS SUB SEC, ranging from $235,000 to $295,000. Recent trends in SARATOGA FARMS SUB SEC show home values have fallen 8% since 6 months ago. The most comparable recent sale is 127 Tolo DR, Elgin TX 78621, with an adjusted value of $291,441; with no pool. 7 comparable transactions in SARATOGA FARMS SUB SEC 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