364 Watersedge Terrace DR, Elgin TX 78621

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $301,032. I'd recommend coming to market at $295,000 to $307,000 to strike the right balance between value and market velocity. In the current LAZY RIVER ACRES market with 1 similar homes available, this price represents below the only comparable home currently on the market. Built in 1965, this home is 36 years older than the average comp, which is reflected in the adjustments. The 2.50 acre lot (smaller than the 2.75 acre average) is reflected in the estimate. Based on 6 relevant data points in LAZY RIVER ACRES, 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