12816 Wooly Bucket CV, Elgin TX 78621

Reviewing the most recent comparable transactions, this home's market value falls around $256,172. For a well positioned listing in ELM CREEK, I'd target the $274,000 to $277,000 range. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in ELM CREEK. The 118 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.31 acres, the lot is larger than the 0.19 acre comp average, which factors into pricing. With 7 similar homes currently listed in ELM CREEK (a buyer's market), competition is a factor to consider. Recent trends in ELM CREEK show home values have fallen 4.1% since 6 months ago. The most comparable recent sale is 12804 Sago Palm TRL, Elgin TX 78621, with an adjusted value of $277,053; with a smaller floor plan. 5 comparable transactions in ELM CREEK support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group