12824 Basket Flower CV, Elgin TX 78621

The market data from 7 similar recent sales in ELM CREEK points to a value of approximately $321,772. To sell within a reasonable timeframe at fair market value, the $257,000 to $267,000 range is where I'd position this. At this price, the property would be the 3rd most expensive of 7 comparable homes on the market comparable homes currently on the market in ELM CREEK. Being 138 sqft larger than the average comparable sale in this area impacts the per square foot value. The 2006 construction puts this home 14 years older than the comp average, a factor in the pricing. 7 similar homes are currently available in ELM CREEK, creating a buyer's market for this price range. In ELM CREEK, home values have fallen approximately 4.1% over the past 6 months. One of the strongest data points is 12616 Wayne Spur LN, Elgin TX 78621, adjusting to $324,536; with a larger floor plan. 7 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