17700 Mahonia LN, Elgin TX 78621

After reviewing 5 recent transactions in ELM CREEK, I estimate this property's value at $236,674. A competitive list price for this home right now would fall in the $258,000 to $266,000 range. Buyers shopping in ELM CREEK right now would see this as a well positioned option among 7 comparable homes. The larger floor plan (152 sqft compared to the average comp) is a meaningful differentiator in this price range. With 7 similar homes currently listed in ELM CREEK (a buyer's market), competition is a factor to consider. Prices in ELM CREEK have risen 3.6% over the last 6 months. A similar home at 12601 Wayne Spur LN, Elgin TX 78621 carries an adjusted comparable value of $222,450, providing a strong data point. The comp data here (5 sales in ELM CREEK) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus