119 Thyme SPGS, Buda TX 78610

The market data from 5 similar recent sales in ELM GROVE points to a value of approximately $464,702. To sell within a reasonable timeframe at fair market value, the $451,000 to $479,000 range is where I'd position this. With 3 comparable homes on the market in ELM GROVE, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. At 0.27 acres, the lot is larger than the 0.22 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in ELM GROVE; a buyer's market based on recent absorption. In 78610, home values have fallen approximately 9.4% over the past 6 months. One of the strongest data points is 549 Clear Springs HOLW, Buda TX 78610, adjusting to $514,113; a strong comparable. 5 comparable transactions in ELM GROVE 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