13217 Winecup Mallow TRL, Elgin TX 78621

My analysis of 3 comparable properties puts this home's estimated value at $234,284. Based on how the local market is moving, a list price between $256,000 and $264,000 would position this home well. Relative to what's currently available in ELM CREEK, this home would be the 3rd least expensive of 7 comparable homes on the market. The larger lot (0.23 acres versus the area average of 0.19) contributes to the valuation. There are currently 7 similar homes on the market in ELM CREEK, ranging from $221,990 to $296,999. The 6 month price trend in ELM CREEK: fallen 4.1%. The best comp here is 12804 Sago Palm TRL, Elgin TX 78621 at an adjusted value of $256,449, a strong comparable. With 3 comparable sales in ELM CREEK, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group