12808 Basket Flower CV, Elgin TX 78621

The estimated value of this property is $338,261, based on 4 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $264,000 and $274,000. With 3 comparable homes on the market in ELM CREEK, this price positions the property as the most expensive of 3 comparable homes on the market. The larger floor plan (376 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.28 acre lot (larger than the 0.19 acre average) is reflected in the estimate. The active market in ELM CREEK includes 3 comparable homes priced from $230,400 to $315,000. Recent trends in ELM CREEK show home values have fallen 4.1% since 6 months ago. The most comparable recent sale is 12616 Wayne Spur LN, Elgin TX 78621, with an adjusted value of $317,293; a strong comparable. Based on 4 relevant data points in ELM CREEK, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX