12801 Sago Palm TRL, Elgin TX 78621

My analysis of 4 comparable properties puts this home's estimated value at $304,628. Based on how the local market is moving, a list price between $325,000 and $333,000 would position this home well. This pricing would rank the home as the most expensive of 3 comparable homes on the market in ELM CREEK's current inventory. The larger floor plan (346 sqft compared to the average comp) is a meaningful differentiator in this price range. With 3 similar homes currently listed in ELM CREEK (a buyer's market), competition is a factor to consider. The 6 month price trend in ELM CREEK: fallen 4.1%. The best comp here is 12616 Wayne Spur LN, Elgin TX 78621 at an adjusted value of $304,575, a strong comparable. With 4 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