17800 Honey Locust LN, Elgin TX 78621

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $260,941. I'd recommend coming to market at $220,000 to $230,000 to strike the right balance between value and market velocity. Against 7 similar active listings in ELM CREEK, this price point lands at the 3rd least expensive of 7 comparable homes on the market. Built in 2005, this home is 12 years older than the average comp, which is reflected in the adjustments. Right now, 7 similar properties are competing for buyers in ELM CREEK, listed between $230,400 and $310,990. The trend in ELM CREEK shows prices have fallen 4.3% in the past 6 months. 17816 Honey Locust LN, Elgin TX 78621 nearby adjusts to $216,183; a strong comparable. Based on 7 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