208 Lake Placid RUN, Elgin TX 78621

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $257,020. To generate strong buyer interest while maximizing value, I'd price this between $268,000 and $276,000. Against 7 similar active listings in SARATOGA FARMS, this price point lands at the 4th most expensive of 7 comparable homes on the market. The 2019 construction puts this home 5 years older than the comp average, a factor in the pricing. At 0.15 acres, the lot is larger than the 0.12 acre comp average, which factors into pricing. The active market in SARATOGA FARMS includes 7 comparable homes priced from $246,990 to $295,000. The trend in 78621 shows prices have fallen 9.4% in the past 6 months. 116 Saranac DR, Elgin TX 78621 nearby adjusts to $276,775; a strong comparable. 7 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