13405 Banquete ST, Elgin TX 78621

The comparable sales data (7 recent transactions in ELM CREEK) supports an estimated value of $242,379. The data suggests a list price between $246,000 and $248,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in ELM CREEK, this home would be the 4th most expensive of 7 comparable homes on the market. Being built in 2020 (6 years older than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in ELM CREEK; a buyer's market based on recent absorption. Prices in ELM CREEK have fallen 4.1% over the last 6 months. A similar home at 23421 Firelight DR, Elgin TX 78621 carries an adjusted comparable value of $267,244, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in ELM CREEK. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group