13600 Menard WAY, Elgin TX 78621

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $230,906. I'd recommend coming to market at $238,000 to $243,000 to strike the right balance between value and market velocity. With 4 comparable homes on the market in ELM CREEK, this price positions the property as the 2nd most expensive of 4 comparable homes on the market. Being 119 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 0.16 acre lot (larger than the 0.11 acre average) is reflected in the estimate. Right now, 4 similar properties are competing for buyers in ELM CREEK, listed between $210,000 and $274,900. The trend in ELM CREEK shows prices have fallen 1% in the past 6 months. 13329 TRUMPET CREEPER DR, Elgin TX 78621 nearby adjusts to $220,115; a strong comparable. Based on 7 relevant data points in ELM CREEK, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX