12620 Wayne Spur LN, Elgin TX 78621

My analysis of 3 comparable properties puts this home's estimated value at $268,821. Based on how the local market is moving, a list price between $265,000 and $272,000 would position this home well. This would position the home competitively among 7 active listings in ELM CREEK. At 242 sqft larger than the typical comp, the size difference factors into the valuation. Current inventory shows 7 comparable homes in ELM CREEK; a buyer's market based on recent absorption. The 6 month price trend in ELM CREEK: fallen 1.3%. The best comp here is 12804 Sago Palm TRL, Elgin TX 78621 at an adjusted value of $264,538, with a smaller floor plan. 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