12813 Grandifloras CV, Elgin TX 78621

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $259,413. I'd recommend coming to market at $282,000 to $283,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in ELM CREEK, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. Being 199 sqft larger than the average comparable sale in this area impacts the per square foot value. The 0.30 acre lot (larger than the 0.18 acre average) is reflected in the estimate. Buyers in ELM CREEK have 7 comparable options right now, with asking prices between $245,000 and $285,000. The trend in ELM CREEK shows prices have fallen 4.1% in the past 6 months. 12612 Wayne Spur LN, Elgin TX 78621 nearby adjusts to $205,492; a strong comparable. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group