12833 Waynespur LN, Elgin TX 78621

The estimated value of this property is $284,438, based on 4 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $233,000 and $243,000. 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 0.25 acre lot (larger than the 0.19 acre average) is reflected in the estimate. 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 5.6% since 6 months ago. The most comparable recent sale is 18354 Basket Flower BND, Elgin TX 78621, with an adjusted value of $312,199; with a smaller floor plan. Based on 4 relevant data points in ELM CREEK, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX