12900 Waynespur LN, Elgin TX 78621

Reviewing the most recent comparable transactions, this home's market value falls around $306,336. For a well positioned listing in ELM CREEK, I'd target the $260,000 to $270,000 range. In the current ELM CREEK market with 6 similar homes available, this price represents the 3rd least expensive of 6 comparable homes on the market. This home's larger footprint (845 sqft vs the comp average) plays a role in how the market prices it. The 2006 construction puts this home 6 years older than the comp average, a factor in the pricing. Buyers in ELM CREEK have 6 comparable options right now, with asking prices between $264,900 and $1,600,000. Recent trends in ELM CREEK show home values have fallen 4.3% since 6 months ago. The most comparable recent sale is 12616 Wayne Spur LN, Elgin TX 78621, with an adjusted value of $345,260; with a smaller 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