12725 Waynespur LN, Elgin TX 78621

The market data from 7 similar recent sales in ELM CREEK points to a value of approximately $235,611. To sell within a reasonable timeframe at fair market value, the $259,000 to $267,000 range is where I'd position this. At this price, the property would be the most affordable of 7 comparable homes on the market comparable homes currently on the market in ELM CREEK. At 0.00 acres, the lot is smaller than the 0.16 acre comp average, which factors into pricing. 7 similar homes are currently available in ELM CREEK, creating a buyer's market for this price range. In ELM CREEK, home values have fallen approximately 4.1% over the past 6 months. One of the strongest data points is 12612 Wayne Spur LN, Elgin TX 78621, adjusting to $186,975; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group