203 Point WAY W, Elgin TX 78621

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $315,274. I'd recommend coming to market at $263,000 to $273,000 to strike the right balance between value and market velocity. With 4 comparable homes on the market in SARATOGA FARMS, this price positions the property as the most expensive of 4 comparable homes on the market. The 0.19 acre lot (larger than the 0.15 acre average) is reflected in the estimate. With 4 similar homes currently listed in SARATOGA FARMS (a buyer's market), competition is a factor to consider. The trend in 78621 shows prices have fallen 7.8% in the past 6 months. 116 Four Star DR, Elgin TX 78621 nearby adjusts to $320,176; a strong comparable. Based on 3 relevant data points in SARATOGA FARMS, 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