12617 Wayne Spur LN, Elgin TX 78621

Based on 7 closed sales in ELM CREEK, the data points to a value around $303,726 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $361,000 to $362,000. Buyers shopping in ELM CREEK right now would see this as a well positioned option among 2 comparable homes. This home's larger footprint (2,171 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 0.20 acres versus 0.16 for the typical comp. 2 similar homes are currently available in ELM CREEK, creating a buyer's market for this price range. Market data shows ELM CREEK prices fallen 5.6% over the last half year. The closest comparable sale, 12616 Wayne Spur LN, Elgin TX 78621 at an adjusted $362,035, 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