12721 Wood Lily TRL, Elgin TX 78621

After reviewing 3 recent transactions in ELM CREEK, I estimate this property's value at $239,438. A competitive list price for this home right now would fall in the $232,000 to $247,000 range. This would position the home competitively among 7 active listings in ELM CREEK. The 110 sqft size difference versus comparable sales is reflected in the adjusted values. The larger lot (0.24 acres versus the area average of 0.19) contributes to the valuation. With 7 similar homes currently listed in ELM CREEK (a buyer's market), competition is a factor to consider. Prices in ELM CREEK have fallen 4.1% over the last 6 months. A similar home at 12612 Wayne Spur LN, Elgin TX 78621 carries an adjusted comparable value of $191,989, providing a strong data point. 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