207 LAKE PLACID RUN, Elgin TX 78621

After reviewing 4 recent transactions in SARATOGA FARMS, I estimate this property's value at $316,455. A competitive list price for this home right now would fall in the $271,000 to $281,000 range. This home's position in the current SARATOGA FARMS market: the most expensive of 5 comparable homes on the market among comparable properties. The larger lot (0.18 acres versus the area average of 0.14) contributes to the valuation. Buyers in SARATOGA FARMS have 5 comparable options right now, with asking prices between $275,000 and $310,000. Prices in 78621 have fallen 9% over the last 6 months. A similar home at 116 Four Star DR, Elgin TX 78621 carries an adjusted comparable value of $328,916, providing a strong data point. The comp data here (4 sales in SARATOGA FARMS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus