349 Lacy DR, Elgin TX 78621

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $231,848. Pricing this home between $250,000 and $256,000 would put it in the competitive sweet spot for ELGIN OAKS TWO. Relative to what's currently available in ELGIN OAKS TWO, this home would be the most affordable of 2 comparable homes on the market. Being 473 sqft smaller than the average comparable sale in this area impacts the per square foot value. The smaller lot (1.01 acres versus the area average of 1.38) contributes to the valuation. Current inventory shows 2 comparable homes in ELGIN OAKS TWO; a buyer's market based on recent absorption. Market data shows 78621 prices fallen 10.7% over the last half year. The closest comparable sale, 166 Shady DR, Elgin TX 78621 at an adjusted $175,335, is with a larger floor plan. The comp data here (7 sales in ELGIN OAKS TWO) 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