17708 Majestic Elm LN, Elgin TX 78621

After reviewing 7 recent transactions in ELM CREEK, I estimate this property's value at $251,142. A competitive list price for this home right now would fall in the $272,000 to $273,000 range. Relative to what's currently available in ELM CREEK, this home would be the 2nd least expensive of 7 comparable homes on the market. At 11 years older than typical comps, the 2012 build date influences the valuation. With 7 similar homes currently listed in ELM CREEK (a buyer's market), competition is a factor to consider. Prices in ELM CREEK have fallen 4.1% over the last 6 months. A similar home at 17816 Honey Locust LN, Elgin TX 78621 carries an adjusted comparable value of $210,812, providing a strong data point. With 7 comparable sales in ELM CREEK, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group