12713 Wood Lily, Elgin TX 78621

Based on 7 closed sales in ELM CREEK, the data points to a value around $308,145 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $361,000 to $362,000. Relative to what's currently available in ELM CREEK, this home would be the most affordable of 2 comparable homes on the market. This home's larger footprint (2,109 sqft vs the comp average) plays a role in how the market prices it. 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 4.1% 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. The strength of this estimate comes from 7 directly comparable sales in ELM CREEK. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group