17712 Majestic Elm LN, Elgin TX 78621

The estimated value of this property is $238,774, based on 4 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $239,000 and $242,000. At this price, the property would be the 2nd most expensive of 7 comparable homes on the market comparable homes currently on the market in ELM CREEK. Built in 2012, this home is 6 years newer than the average comp, which is reflected in the adjustments. 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 4.3% since 6 months ago. The most comparable recent sale is 17921 Basketflower BND, Elgin TX 78621, with an adjusted value of $260,515; a strong comparable. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group