17712 Prairie Verbena LN, Elgin TX 78621

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $245,931. I'd recommend coming to market at $254,000 to $270,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in ELM CREEK, this price positions the property as the 4th most expensive of 7 comparable homes on the market. The larger floor plan (105 sqft compared to the average comp) is a meaningful differentiator in this price range. The active market in ELM CREEK includes 7 comparable homes priced from $236,999 to $272,999. The trend in ELM CREEK shows prices have fallen 4.1% in the past 6 months. 17905 Basketflower BND, Elgin TX 78621 nearby adjusts to $239,920; a strong comparable. Based on 4 relevant data points in ELM CREEK, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX