13516 Knights Branch DR, Elgin TX 78621

Based on 7 closed sales in ELM CREEK, the data points to a value around $187,268 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $182,000 to $193,000. Relative to what's currently available in ELM CREEK, this home would be the 3rd least expensive of 7 comparable homes on the market. This home's smaller footprint (527 sqft vs the comp average) plays a role in how the market prices it. There are currently 7 similar homes on the market in ELM CREEK, ranging from $199,990 to $255,900. Market data shows ELM CREEK prices fallen 4.1% over the last half year. The closest comparable sale, 13405 TRUMPET CREEPER DR, Elgin TX 78621 at an adjusted $183,965, is with a larger floor plan. 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