212 Four Star DR, Elgin TX 78621

The market data from 7 similar recent sales in SARATOGA FARMS SUB SEC points to a value of approximately $266,919. To sell within a reasonable timeframe at fair market value, the $269,000 to $272,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 5 comparable homes on the market comparable homes currently on the market in SARATOGA FARMS SUB SEC. At 0.20 acres, the lot is larger than the 0.12 acre comp average, which factors into pricing. With 5 similar homes currently listed in SARATOGA FARMS SUB SEC (a buyer's market), competition is a factor to consider. In 78621, home values have fallen approximately 8.3% over the past 6 months. One of the strongest data points is 116 Saranac DR, Elgin TX 78621, adjusting to $260,514; with a larger floor plan. 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