12809 Waynespur LN, Elgin TX 78621

Reviewing the most recent comparable transactions, this home's market value falls around $246,617. For a well positioned listing in ELM CREEK, I'd target the $262,000 to $270,000 range. Against 7 similar active listings in ELM CREEK, this price point lands at the 3rd least expensive of 7 comparable homes on the market. The larger floor plan (136 sqft compared to the average comp) is a meaningful differentiator in this price range. The active market in ELM CREEK includes 7 comparable homes priced from $209,900 to $266,499. Recent trends in ELM CREEK show home values have risen 0.1% since 6 months ago. The most comparable recent sale is 12804 Sago Palm TRL, Elgin TX 78621, with an adjusted value of $261,695; with a smaller floor plan. The 4 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