12604 Wood Lily TRL, Elgin TX 78621

Based on 7 closed sales in ELM CREEK, the data points to a value around $321,753 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $312,000 to $331,000. This home's position in the current ELM CREEK market: below the only comparable home currently on the market among comparable properties. The larger floor plan (1,876 sqft compared to the average comp) is a meaningful differentiator in this price range. Lot size matters here: 0.20 acres versus 0.17 for the typical comp. With 1 similar homes currently listed in ELM CREEK (a buyer's market), competition is a factor to consider. Market data shows ELM CREEK prices fallen 4.3% over the last half year. The closest comparable sale, 12824 Wood Lily TRL, Elgin TX 78621 at an adjusted $367,291, is with a smaller floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus