12700 Wood Lily TRL, Elgin TX 78621

After adjusting 5 comparable sales for differences in size, age, and features, this home's estimated value is $262,960. Pricing this home between $280,000 and $281,000 would put it in the competitive sweet spot for ELM CREEK. This home's position in the current ELM CREEK market: the 4th most expensive of 7 comparable homes on the market among comparable properties. The larger lot (0.24 acres versus the area average of 0.19) contributes to the valuation. Right now, 7 similar properties are competing for buyers in ELM CREEK, listed between $250,999 and $290,000. Market data shows ELM CREEK prices fallen 4.1% over the last half year. The closest comparable sale, 12612 Wayne Spur LN, Elgin TX 78621 at an adjusted $207,892, is a strong comparable. With 5 comparable sales in ELM CREEK, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group