17701 Mahonia LN, Elgin TX 78621

After reviewing 4 recent transactions in ELM CREEK, I estimate this property's value at $274,049. A competitive list price for this home right now would fall in the $220,000 to $230,000 range. This pricing would rank the home as the most expensive of 3 comparable homes on the market in ELM CREEK's current inventory. The 179 sqft size difference versus comparable sales is reflected in the adjusted values. 3 similar homes are currently available in ELM CREEK, creating a buyer's market for this price range. Prices in ELM CREEK have fallen 5.6% over the last 6 months. A similar home at 12701 Waynespur LN, Elgin TX 78621 carries an adjusted comparable value of $293,359, providing a strong data point. The comp data here (4 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