17617 Milkweed CV, Elgin TX 78621

Based on 4 closed sales in ELM CREEK, the data points to a value around $231,622 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $232,000 to $246,000. This pricing would rank the home as the 2nd most expensive of 7 comparable homes on the market in ELM CREEK's current inventory. Lot size matters here: 0.26 acres versus 0.17 for the typical comp. Current inventory shows 7 comparable homes in ELM CREEK; a buyer's market based on recent absorption. Market data shows ELM CREEK prices risen 3.1% over the last half year. The closest comparable sale, 12601 Wayne Spur LN, Elgin TX 78621 at an adjusted $218,488, is a strong comparable. The strength of this estimate comes from 4 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