17713 Mahonia LN, Elgin TX 78621

My analysis of 5 comparable properties puts this home's estimated value at $264,798. Based on how the local market is moving, a list price between $210,000 and $220,000 would position this home well. Relative to what's currently available in ELM CREEK, this home would be the 3rd least expensive of 7 comparable homes on the market. Current inventory shows 7 comparable homes in ELM CREEK; a buyer's market based on recent absorption. The 6 month price trend in ELM CREEK: fallen 4.1%. The best comp here is 12717 Wood Lily TRL, Elgin TX 78621 at an adjusted value of $284,707, a strong comparable. 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