12600 Waynespur LN, Elgin TX 78621

My analysis of 3 comparable properties puts this home's estimated value at $300,005. Based on how the local market is moving, a list price between $209,000 and $219,000 would position this home well. Buyers shopping in ELM CREEK right now would see this as a well positioned option among 7 comparable homes. The larger lot (0.24 acres versus the area average of 0.19) contributes to the valuation. There are currently 7 similar homes on the market in ELM CREEK, ranging from $230,400 to $290,000. The 6 month price trend in ELM CREEK: fallen 4.1%. The best comp here is 12701 Waynespur LN, Elgin TX 78621 at an adjusted value of $303,496, a strong comparable. The comp data here (3 sales in ELM CREEK) 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