12812 Wooly Bucket CV, Elgin TX 78621

Reviewing the most recent comparable transactions, this home's market value falls around $262,803. For a well positioned listing in ELM CREEK, I'd target the $255,000 to $271,000 range. Against 7 similar active listings in ELM CREEK, this price point lands at the most expensive of 7 comparable homes on the market. This home's larger footprint (158 sqft vs the comp average) plays a role in how the market prices it. At 0.26 acres, the lot is larger than the 0.17 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in ELM CREEK, ranging from $245,000 to $285,000. Recent trends in ELM CREEK show home values have fallen 4.3% since 6 months ago. The most comparable recent sale is 12612 Wayne Spur LN, Elgin TX 78621, with an adjusted value of $203,380; a strong comparable. The 6 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