12916 Wood Lily TRL, Elgin TX 78621

The market data from 4 similar recent sales in ELM CREEK points to a value of approximately $326,557. To sell within a reasonable timeframe at fair market value, the $252,000 to $262,000 range is where I'd position this. With 6 comparable homes on the market in ELM CREEK, this price positions the property as the 3rd least expensive of 6 comparable homes on the market. At 550 sqft larger than the typical comp, the size difference factors into the valuation. There are currently 6 similar homes on the market in ELM CREEK, ranging from $264,900 to $1,600,000. In ELM CREEK, home values have fallen approximately 3.9% over the past 6 months. One of the strongest data points is 12824 Wood Lily TRL, Elgin TX 78621, adjusting to $310,067; a strong comparable. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group