17812 Honey Locust LN, Elgin TX 78621

Based on 3 closed sales in ELM CREEK, the data points to a value around $234,609 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $234,000 to $245,000. This pricing would rank the home as the 2nd most expensive of 7 comparable homes on the market in ELM CREEK's current inventory. With 7 similar homes currently listed in ELM CREEK (a buyer's market), competition is a factor to consider. Market data shows ELM CREEK prices fallen 4.3% over the last half year. The closest comparable sale, 13036 Date Palm TRL, Elgin TX 78621 at an adjusted $225,974, is a strong comparable. The strength of this estimate comes from 3 directly comparable sales in ELM CREEK. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group