13613 Knights Branch DR, Elgin TX 78621

Reviewing the most recent comparable transactions, this home's market value falls around $219,239. For a well positioned listing in ELM CREEK, I'd target the $217,000 to $221,000 range. Against 7 similar active listings in ELM CREEK, this price point lands at the 2nd most expensive of 7 comparable homes on the market. Being 118 sqft smaller than the average comparable sale in this area impacts the per square foot value. With 7 similar homes currently listed in ELM CREEK (a buyer's market), competition is a factor to consider. Recent trends in ELM CREEK show home values have fallen 4.5% since 6 months ago. The most comparable recent sale is 23429 Firelight DR, Elgin TX 78621, with an adjusted value of $213,758; a strong comparable. 7 comparable transactions in ELM CREEK support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group